Central Park Tower
{{Short description|Residential skyscraper in Manhattan, New York}}
{{Distinguish|Central Park (skyscraper)|Central Park Towers|Park Central Towers}}
{{Good article}}
{{Use mdy dates|date=August 2022}}
{{Infobox building
| name = Central Park Tower
| image = Central Park Tower April 2021.jpg
| image_alt = Central Park Tower as seen in April 2021, with several other skyscrapers surrounding it
| caption = Central Park Tower in April 2021
| location = 225 West 57th Street, Manhattan, New York
| location_country = United States
| mapframe-wikidata = yes
| coordinates = {{Coord|40.7663|-73.9810|type:landmark_globe:earth_region:US-NY|display=inline,title|format=dms}}
| status = Completed
| start_date = September 17, 2014
| topped_out_date = September 17, 2019
| completion_date = {{start date and age|2020}}
| building_type = Residential, retail
| architectural_style = Modern
| architectural = {{cvt|1550|ft|1}}
| roof = {{cvt|1550|ft|1}}
| floor_count = 98{{efn|The highest story below the roof is the 98th story above ground, which is numbered 136.}}
| top_floor = {{Cvt|1417|ft|1}}
| elevator_count = 11
| cost = $3 billion
| floor_area = {{convert|1,285,308|sqft|m2}}
| architect = Adrian Smith + Gordon Gill Architecture, AAI Architects, P.C. (as architect of record)
| structural_engineer = WSP Global
| main_contractor = Lendlease
| logo = Central Park Tower logo.svg
| developer = Extell Development Company
| website = https://centralparktower.com/
| embedded = {{Infobox historic site
| embed = yes
| designation1 = NYCL
| designation1_date = November 10, 2009
| designation1_number = 2380
| designation1_free1name = Designated entity
| designation1_free1value = B. F. Goodrich Company Building
}}
}}
Central Park Tower is a residential supertall skyscraper at 225 West 57th Street, along Billionaires' Row, in the Midtown Manhattan neighborhood of New York City, New York, U.S. Designed by Adrian Smith + Gordon Gill Architecture, the building rises {{convert|1550|ft|1}} with 98 above-ground stories and three basement stories, although the top story is numbered 136. Central Park Tower is the second-tallest building in New York City (behind One World Trade Center), the United States, and the Western Hemisphere; the 15th tallest building in the world; the tallest primarily residential building in the world; and the tallest building outside Asia by roof height.
Central Park Tower was developed by Extell Development Company and Shanghai Municipal Investment Group. The basement and first five above-ground stories contain a large Nordstrom store, which opened in 2019. The eastern portion of the tower contains a cantilever above the Art Students League of New York's building at 215 West 57th Street, intended to maximize views of nearby Central Park. The residential portion of the tower contains 179 condominiums, spanning on average {{cvt|5,000|ft2}}, with interiors designed by Rottet Studio. There are also amenities spaces on floors 14 through 16 as well as a private club on floor 100.
The site of Central Park Tower was assembled during the first decade of the 21st century; during the acquisition process, the tower was delayed after two buildings at 225 West 57th Street and 1780 Broadway were considered for New York City landmark status. Despite uncertainty about the final design and complications relating to financing, excavations at the site started in May 2014 and above-ground construction started in early 2015. There were several incidents and controversies during the building's construction, including a controversy over the tower's cantilever and the death of a security guard. The building was topped out during September 2019, and completed in 2020. In total, Central Park Tower cost $3 billion to construct.
Site
Central Park Tower is in the Midtown Manhattan neighborhood of New York City, United States. It is on the east side of Broadway between 57th Street to the south and 58th Street to the north. It is one block south of Central Park and Columbus Circle. The northwestern corner of the building abuts 1790 Broadway, while the southwestern corner is adjacent to 1776 Broadway. Central Park Tower is also near 240 Central Park South and 220 Central Park South to the north; the American Fine Arts Society (also known as the Art Students League of New York building) and the Osborne apartment building to the east; and 224 West 57th Street and 218 West 57th Street (the former American Society of Civil Engineers clubhouse) to the south.{{Cite web |title=NYCityMap |url=http://maps.nyc.gov/ |access-date=March 20, 2020 |website=NYC.gov |publisher=New York City Department of Information Technology and Telecommunications |archive-date=February 19, 2021 |archive-url=https://web.archive.org/web/20210219214900/http://maps.nyc.gov/doitt/nycitymap/ |url-status=live}}
Central Park Tower is one of several major developments around 57th Street and Central Park that are collectively dubbed Billionaires' Row by the media. Other buildings along Billionaires' Row include 432 Park Avenue four blocks east, 111 West 57th Street and One57 one block east, and the adjacent 220 Central Park South.{{Cite news |last=Satow |first=Julie |date=June 27, 2014 |title=Moving In, Slowly, to 'Billionaires' Row' |language=en-US |work=The New York Times |url=https://www.nytimes.com/2014/06/29/realestate/manhattan-luxury-high-rise-gets-its-first-residents.html |access-date=October 28, 2020 |issn=0362-4331 |archive-date=November 1, 2020 |archive-url=https://web.archive.org/web/20201101090659/https://www.nytimes.com/2014/06/29/realestate/manhattan-luxury-high-rise-gets-its-first-residents.html |url-status=live}}{{cite web |last=Willett |first=Megan |date=September 2, 2014 |title=The New Billionaires' Row: See the Incredible Transformation of New York's 57th Street |url=http://www.businessinsider.com/skyscrapers-of-57th-street-manhattan-2014-9 |access-date=December 5, 2016 |work=Business Insider |archive-date=December 18, 2016 |archive-url=https://web.archive.org/web/20161218213452/http://www.businessinsider.com/skyscrapers-of-57th-street-manhattan-2014-9 |url-status=live}}
= Former buildings =
In the 20th century, the area was part of Manhattan's "Automobile Row", a stretch of Broadway extending mainly between Times Square at 42nd Street and Sherman Square at 72nd Street.{{Cite news |last=Dunlap |first=David W. |author-link=David W. Dunlap |date=July 7, 2000 |title=Street of Automotive Dreams |language=en-US |work=The New York Times |url=https://www.nytimes.com/2000/07/07/arts/street-of-automotive-dreams.html |access-date=November 1, 2020 |issn=0362-4331 |archive-date=October 15, 2017 |archive-url=https://web.archive.org/web/20171015095304/http://www.nytimes.com/2000/07/07/arts/street-of-automotive-dreams.html |url-status=live}}{{harvnb|Landmarks Preservation Commission|2009|ps=.|p=2}} Before the first decade of the 20th century, the area was occupied mostly by equestrian industries and was described by The New York Times as "thoroughly lifeless". By 1907, the Times characterized this section of Broadway as having "almost a solid line of motor vehicle signs all the way from Times Square to Sherman Square".{{Cite news |date=January 6, 1907 |title=Real Estate And the Automobile Trade |language=en-US |work=The New York Times |url=http://timesmachine.nytimes.com/timesmachine/1907/01/06/106735345.pdf |page=22 |access-date=November 3, 2020 |issn=0362-4331 |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172435/https://timesmachine.nytimes.com/timesmachine/1907/01/06/106735345.pdf |url-status=live}} In the late 1900s and early 1910s, several large automobile showrooms, stores, and garages were built on Broadway, including the United States Rubber Company building at 5 Columbus Circle and the Demarest and Peerless Company showrooms at 224 West 57th Street.{{Cite news |date=February 21, 1909 |title=Realty Still in Demand in Automobile District; Purchase of $300,000 Building East Week – Tendency of Large Concerns to Become Owners Instead of Tenants |language=en-US |work=The New York Times |url=http://timesmachine.nytimes.com/timesmachine/1909/02/21/106117550.pdf |page=10 |access-date=November 3, 2020 |issn=0362-4331 |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172423/https://timesmachine.nytimes.com/timesmachine/1909/02/21/106117550.pdf |url-status=live}}
On the western side of the building's base is the 12-story facade of the former 1780 Broadway, which formerly contained the B. F. Goodrich Company showroom.{{cite web |last=Horsley |first=Carter |date=November 9, 2009 |title=Landmarks commission considering designation of two Extell properties in west Midtown |url=https://www.cityrealty.com/nyc/market-insight/carters-view/carters-perch/landmarks-commission-considering-designation-two-extell-properties-west-midtown/1572 |access-date=October 1, 2020 |website=CityRealty |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172515/https://www.cityrealty.com/nyc/market-insight/carters-view/carters-perch/landmarks-commission-considering-designation-two-extell-properties-west-midtown/1572 |url-status=live}}{{Cite news |last=Gray |first=Christopher |author-link=Christopher Gray (architectural historian) |date=November 14, 2008 |title=An Automotive Center of Gravity |language=en-US |work=The New York Times |url=https://www.nytimes.com/2008/11/16/realestate/16scape.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624231015/https://www.nytimes.com/2008/11/16/realestate/16scape.html |url-status=live}} There was also an 8-story building at 225 West 57th Street,{{harvnb|Landmarks Preservation Commission|2009|ps=.|p=5}} which contained the Stoddard-Dayton showroom.{{harvnb|Landmarks Preservation Commission|2009|ps=.|p=6}} Both structures were built in 1909 to designs by Howard Van Doren Shaw.{{cite web |last=Barron |first=James |date=May 16, 2011 |title=Once a Bustling Automobile Row Anchor, Now Empty |url=http://cityroom.blogs.nytimes.com/2011/05/16/once-a-bustling-autombile-row-anchor-now-empty/ |access-date=October 1, 2020 |website=City Room |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727173915/https://cityroom.blogs.nytimes.com/2011/05/16/once-a-bustling-autombile-row-anchor-now-empty/ |url-status=live}} 1780 Broadway was one of the most visible buildings on Automobile Row because of the site's elevated topography, and was leased to various automotive firms during the early 20th century.{{harvnb|Landmarks Preservation Commission|2009|ps=.|pp=6–7}} Goodrich came to own both 1780 Broadway and 225 West 57th Street and by the time the company sold the structures in 1928, they were collectively called the "Goodrich Building".{{Cite news |last=Clark |first=Evans |date=April 29, 1928 |title=Uncle Sam Now World's Business Man; American Companies Have Established Their Own Factories and Branches in Every Quarter of the Globe and Have Obtained Vast Foreign Holdings to Supply Themselves With Raw Materials |language=en-US |work=The New York Times |url=https://www.nytimes.com/1928/04/29/archives/uncle-sam-now-worlds-business-man-american-companies-have.html |access-date=November 1, 2020 |issn=0362-4331 |archive-date=August 5, 2020 |archive-url=https://web.archive.org/web/20200805145310/https://www.nytimes.com/1928/04/29/archives/uncle-sam-now-worlds-business-man-american-companies-have.html |url-status=live}} A single-story annex was built for the Lincoln Art Theatre in 1962–1964, and the Goodrich Building became a supermarket in the 1990s before being acquired by Central Park Tower's developer, the Extell Development Company, in 2006.{{harvnb|Landmarks Preservation Commission|2009|ps=.|p=7}} In addition, the Hard Rock Cafe and Broadway Dance Center occupied the structure at 221 West 57th Street before that building was purchased by Extell, also in 2006.
Architecture
Central Park Tower was developed jointly by Extell and Shanghai Municipal Investment Group.{{cite news |last=Carmiel |first=Oshrat |date=August 15, 2016 |title=Chinese Fund NYC's Tallest Residential Skyscraper—at a Price |work=Bloomberg |url=https://www.bloomberg.com/news/articles/2016-08-14/extell-s-nyc-luxury-condo-project-gets-needed-cash-at-a-price |access-date=August 30, 2017 |archive-date=November 23, 2018 |archive-url=https://web.archive.org/web/20181123061222/https://www.bloomberg.com/news/articles/2016-08-14/extell-s-nyc-luxury-condo-project-gets-needed-cash-at-a-price |url-status=live}}{{cite press release |url=https://www.prnewswire.com/news-releases/central-park-tower-tallest-residential-building-in-the-world-launches-sales-300730696.html |title=Central Park Tower, Tallest Residential Building In The World, Launches Sales |date=October 15, 2018 |access-date=January 5, 2019 |agency=PR Newswire |publisher=Extell Development Company; Adrian Smith + Gordon Gill Architecture; Shanghai Municipal Investment |archive-date=January 6, 2019 |archive-url=https://web.archive.org/web/20190106153340/https://www.prnewswire.com/news-releases/central-park-tower-tallest-residential-building-in-the-world-launches-sales-300730696.html |url-status=live}} It was designed by Adrian Smith + Gordon Gill Architecture,{{cite web |date=September 24, 2019 |title=Central Park Tower becomes world's tallest residential skyscraper |url=https://www.dezeen.com/2019/09/24/central-park-tower-adrian-smith-gordon-gill-architecture-tops-out/ |access-date=October 30, 2020 |website=Dezeen |archive-date=November 25, 2020 |archive-url=https://web.archive.org/web/20201125223730/https://www.dezeen.com/2019/09/24/central-park-tower-adrian-smith-gordon-gill-architecture-tops-out/ |url-status=live}}{{cite web |last=Rosenberg |first=Zoe |date=February 25, 2019 |title=Central Park Tower architect calls building 'respectful' of NYC skyline |url=https://ny.curbed.com/2019/2/25/18239704/central-park-tower-architects-adrian-smith |access-date=October 30, 2020 |website=Curbed NY |archive-date=November 10, 2020 |archive-url=https://web.archive.org/web/20201110024157/https://ny.curbed.com/2019/2/25/18239704/central-park-tower-architects-adrian-smith |url-status=live}}{{Cite web |last=McGrath |first=Katherine |title=New York City's Central Park Tower Just Became the World's Tallest Residential Building |url=https://www.architecturaldigest.com/story/new-york-city-central-park-tower-worlds-tallest-residential-building |access-date=October 30, 2020 |website=Architectural Digest |date=September 25, 2019 |language=en-us |archive-date=October 24, 2020 |archive-url=https://web.archive.org/web/20201024153057/https://www.architecturaldigest.com/story/new-york-city-central-park-tower-worlds-tallest-residential-building |url-status=live}} with AAI Architects as the architect of record. WSP Global was the structural engineer for the project, while Lendlease was the main contractor.{{cite web |date=April 7, 2016 |title=Central Park Tower |url=https://www.skyscrapercenter.com/building/central-park-tower/14269 |access-date=October 30, 2020 |publisher=The Skyscraper Center |archive-date=June 12, 2020 |archive-url=https://web.archive.org/web/20200612221845/https://www.skyscrapercenter.com/building/central-park-tower/14269 |url-status=live}}
The building has 98 physical above-ground floors{{cite web |last=Warren |first=Katie |date=August 20, 2020 |title=The world's tallest residential tower in NYC just released the first photos showing what its multimillion-dollar residences look like |url=https://www.businessinsider.com/central-park-tower-new-york-worlds-tallest-residential-building-2020-8 |access-date=October 30, 2020 |website=Business Insider |archive-date=November 7, 2020 |archive-url=https://web.archive.org/web/20201107095234/https://www.businessinsider.com/central-park-tower-new-york-worlds-tallest-residential-building-2020-8 |url-status=live}} and three basement levels. The top story is numbered 136,{{harvnb|Extell Marketing Group|2017|ps=.|p=D.17 (PDF p. 317)}} and several floor numbers are skipped.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.8 (PDF p. 308)}}{{Efn|name=marketing floors|Extell classifies the true number of stories above ground as "construction floors", which are labeled with a different "marketing floor" number.{{harvnb|ps=.|Extell Marketing Group|2017|pp=D.11 to D.17 (PDF pp. 311–317)}} Numbering is as follows:
- Ground (1st) through 7th stories (retail) – floors 1 through 7
- 8th through 10th stories (residential amenities) – floors 14 through 16
- Mezzanines above 10th story – floors 17 and 18
- 11th and 12th stories – floors 19 and 20
- 13th through 20th stories – floors 32 through 39
- 21st story – floor 43
- 22nd through 27th stories – floors 45 through 50
- 28th through 46th stories – floors 53 through 71
- 47th through 67th stories – floors 77 through 97
- Mezzanine above 67th story – floor 98
- 68th story (residential amenities) – floor 100
- 69th through 98th stories – floors 107 through 136
The roof is labeled as floor 137 in internal documents but is not a physical story.
}} The tallest habitable story is {{Convert|1417|ft||abbr=}} high, while the roof and architectural tip are {{Convert|1550|ft||abbr=}} above ground level.{{cite web |title=Central Park Tower |url=https://www.emporis.com/buildings/1215963/central-park-tower-new-york-city-ny-usa |access-date=October 30, 2020 |publisher=Emporis |archive-date=October 13, 2020 |archive-url=https://web.archive.org/web/20201013162723/https://www.emporis.com/buildings/1215963/central-park-tower-new-york-city-ny-usa |url-status=usurped}}{{cite web |url=http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=3&passjobnumber=121328205&passdocnumber=07 |title=Premises: 217 WEST 57 STREET MANHATTAN |publisher=bisweb |access-date=July 18, 2014 |archive-date=August 23, 2017 |archive-url=https://web.archive.org/web/20170823022333/http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=3&passjobnumber=121328205&passdocnumber=07 |url-status=live}} The use of development rights transferred from other structures nearby, as well as about {{Convert|300|ft}} of mechanical spaces, enabled Central Park Tower to reach a taller height than would have ordinarily been allowed.{{Cite news |last1=Peçanha |first1=Sergio |last2=Moran |first2=Karsten |last3=Williams |first3=Josh |last4=Furticella |first4=Jeffrey |date=June 14, 2019 |title=How New York's Skyline Is Changing to Give the Wealthy a Better View |language=en-US |work=The New York Times |url=https://www.nytimes.com/interactive/2019/06/14/nyregion/new-york-skyline-inequality.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624231126/https://www.nytimes.com/interactive/2019/06/14/nyregion/new-york-skyline-inequality.html |url-status=live}} Central Park Tower is the tallest primarily residential building in the world; the much taller Burj Khalifa has 900 residential units but is mixed-use.{{cite web |title=World's tallest residential skyscraper tops out in NYC |url=https://newatlas.com/architecture/central-park-tower-extell-as-gg-tops-out/ |first=Adam |last=Williams |work=New Atlas |date=September 18, 2019 |access-date=December 21, 2019 |archive-date=December 22, 2019 |archive-url=https://web.archive.org/web/20191222013332/https://newatlas.com/architecture/central-park-tower-extell-as-gg-tops-out/ |url-status=live}} Central Park Tower is also the second-tallest skyscraper in the United States and the Western Hemisphere, the 15th-tallest building in the world, and the tallest building outside Asia by roof height.{{Cite web |title=100 Future Tallest Buildings in the World |url=http://www.skyscrapercenter.com/buildings?list=tallest100-future |access-date=October 30, 2020 |publisher=The Skyscraper Center |archive-date=December 18, 2019 |archive-url=https://web.archive.org/web/20191218085037/http://www.skyscrapercenter.com/buildings?list=tallest100-future |url-status=live}} The building's top floor and roof height are higher than that of One World Trade Center in Lower Manhattan. Due to its high slenderness ratio, the building has been characterized as part of a new breed of New York City "pencil towers".{{Cite news |last=Wainwright |first=Oliver |date=February 5, 2019 |title=Super-tall, super-skinny, super-expensive: the 'pencil towers' of New York's super-rich |language=en-GB |work=The Guardian |url=https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich |access-date=December 2, 2020 |issn=0261-3077 |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202075915/https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich |url-status=live}}
= Form and facade{{Anchor|Facade}} =
File:W 57th St Dec 2020 39.jpg, headquarters of the Art Students League of New York|alt=Central Park Tower's eastern facade cantilevers over the American Fine Arts Society, headquarters of the Art Students League of New York]]
The facade of Central Park Tower was designed by James Carpenter Design Associates and Permasteelisa Group. According to Gill and Smith, the glass cladding was intended to help the tower fit into the skyline. The entrance for Nordstrom is on 57th Street, as is the main residential entrance. A secondary residents' entrance is on 58th Street.{{Cite web |title=217 West 57th Street |url=https://therealdeal.com/new-research/topics/property/217-west-57th-street/ |access-date=November 2, 2020 |website=therealdeal.com |date=March 13, 2019 |archive-date=October 24, 2020 |archive-url=https://web.archive.org/web/20201024151844/https://therealdeal.com/new-research/topics/property/217-west-57th-street/ |url-status=live}}{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.24 to D.25 (PDF pp. 324–325)}}
To maximize views of Central Park, Extell built a cantilever extending {{convert|28|ft|m}} from the eastern side of the tower. The cantilever starts roughly {{convert|290|ft|m}} above the Art Students League building{{Cite news |last=McKeough |first=Tim |date=June 4, 2021 |title=Buildings With Sections That Seem to Hover in Midair |language=en-US |work=The New York Times |url=https://www.nytimes.com/2021/06/04/realestate/cantilever-skyscraper.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 20, 2021 |archive-url=https://web.archive.org/web/20210620113127/https://www.nytimes.com/2021/06/04/realestate/cantilever-skyscraper.html |url-status=live}} and covers roughly one-third of the total space above that building.{{cite news |last=Kaminer |first=Ariel |date=September 23, 2014 |title=A Tower Will Rise Next to, and Over, a Paint-Spattered Landmark |newspaper=The New York Times |url=https://www.nytimes.com/2014/09/23/nyregion/tower-will-rise-over-and-above-a-paint-spattered-landmark.html |access-date=October 30, 2020 |issn=0362-4331 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727230055/https://www.nytimes.com/2014/09/23/nyregion/tower-will-rise-over-and-above-a-paint-spattered-landmark.html |url-status=live}} Without the cantilever, Vornado Realty Trust's under-construction 220 Central Park South would have blocked the lowest {{convert|950|ft|m}} of the tower.{{Cite news |last=Bagli |first=Charles V. |date=October 15, 2013 |title=Developers End Fight Blocking 2 More Luxury Towers in Midtown |language=en-US |work=The New York Times |url=https://www.nytimes.com/2013/10/16/nyregion/developers-end-fight-blocking-2-more-luxury-towers-in-midtown.html |access-date=October 27, 2020 |issn=0362-4331 |archive-date=October 31, 2020 |archive-url=https://web.archive.org/web/20201031054623/https://www.nytimes.com/2013/10/16/nyregion/developers-end-fight-blocking-2-more-luxury-towers-in-midtown.html |url-status=live}}{{cite web |date=February 20, 2014 |title=Approved: 217 West 57th Street |url=http://www.newyorkyimby.com/2014/02/approved-217-west-57th-street.html |access-date=October 30, 2020 |work=New York Yimby |archive-date=November 3, 2020 |archive-url=https://web.archive.org/web/20201103135553/https://www.newyorkyimby.com/2014/02/approved-217-west-57th-street.html |url-status=live}} The cantilever was constructed in conjunction with an air rights sale in 2013, which shifted 220 Central Park South slightly west. This agreement, in turn, ended a years-long dispute over the site of 220 Central Park South.{{Cite news |last=Brown |first=Eliot |date=October 16, 2013 |title=Deal Settles Dispute Between Extell, Vornado |language=en-US |work=The Wall Street Journal |url=https://online.wsj.com/article/SB10001424052702304106704579137944007415688.html |access-date=October 27, 2020 |issn=0099-9660 |archive-date=September 9, 2021 |archive-url=https://web.archive.org/web/20210909001811/https://www.wsj.com/articles/SB10001424052702304106704579137944007415688 |url-status=live}}{{cite web |last=Goldberger |first=Paul |author-link=Paul Goldberger |date=May 2014 |title=Too Rich, Too Thin, Too Tall? |url=http://www.vanityfair.com/unchanged/2014/05/condo-towers-architecture-new-york-city |access-date=December 5, 2016 |work=Vanity Fair |archive-date=November 27, 2015 |archive-url=https://web.archive.org/web/20151127062635/http://www.vanityfair.com/unchanged/2014/05/condo-towers-architecture-new-york-city |url-status=live}} Since 2019, Central Park Tower has held the Guinness World Record for being the tallest cantilevered building.{{cite web |date=October 16, 2019 |title=Tallest cantilevered building |url=https://www.guinnessworldrecords.com/world-records/69359-tallest-cantilevered-building |access-date=June 20, 2021 |website=Guinness World Records |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172305/https://www.guinnessworldrecords.com/world-records/69359-tallest-cantilevered-building |url-status=live}}
== Main structure ==
The base of the tower along 57th and 58th Streets is made of glass, arranged into fluted panels that are insulated and laminated. The panels are installed in a serpentine "wave" pattern.{{cite web |date=May 15, 2019 |title=Central Park Tower |url=http://surfacedg.com/project-item/central-park-tower/ |access-date=November 2, 2020 |website=Surface Design |archive-date=September 27, 2020 |archive-url=https://web.archive.org/web/20200927092622/http://surfacedg.com/project-item/central-park-tower/ |url-status=live}}{{cite web |title=Central Park Tower |url=https://www.permasteelisagroup.com/project-detail?project=1792 |access-date=November 2, 2020 |website=permasteelisagroup.com |archive-date=November 8, 2020 |archive-url=https://web.archive.org/web/20201108230124/https://www.permasteelisagroup.com/project-detail?project=1792 |url-status=live}}{{cite web |last=Gannon |first=Devin |date=June 12, 2019 |title=Nordstrom's 7-level flagship opens at Central Park Tower next week |url=https://www.6sqft.com/nordstroms-7-level-flagship-opens-at-central-park-tower-next-week/ |access-date=November 2, 2020 |website=6sqft |archive-date=October 24, 2020 |archive-url=https://web.archive.org/web/20201024205252/https://www.6sqft.com/nordstroms-7-level-flagship-opens-at-central-park-tower-next-week/ |url-status=live}} These glass panels have a total combined surface area of {{Convert|52700|ft2||abbr=}}. The panels are set within aluminum frames and locked together with steel plates, fitting between the concrete floor slabs on each level.{{cite web |last=Brandon |first=Elissaveta M. |date=January 31, 2020 |title=Nordstrom's Manhattan Flagship Unites Historic Landmarks and Contemporary Forms |url=https://www.metropolismag.com/architecture/nordstrom-flagship-new-york/ |access-date=November 4, 2020 |website=Metropolis |archive-date=October 22, 2020 |archive-url=https://web.archive.org/web/20201022032340/https://www.metropolismag.com/architecture/nordstrom-flagship-new-york/ |url-status=live}}{{harvnb|Extell Marketing Group|2017|ps=.|p=D.19 (PDF p. 319)}}
File:A614, Central Park Tower, Manhattan, July 2019.jpg
The facade for the upper stories is mostly a curtain wall made of aluminum and glass. Over {{Convert|10|e6lb}} of these materials were used in the facade.{{cite web |date=August 6, 2020 |title=Central Park Tower Pushes the Limits of Skyscraper Design |url=https://informedinfrastructure.com/56801/central-park-tower-pushes-the-limits-of-skyscraper-design/ |access-date=June 17, 2021 |website=Informed Infrastructure |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624200049/https://informedinfrastructure.com/56801/central-park-tower-pushes-the-limits-of-skyscraper-design/ |url-status=live}} According to Permasteelisa, {{Convert|610300|ft2||abbr=}} of glass curtain wall is used on the upper floors. The magazine Informed Infrastructure states that {{Convert|620000|ft2}} of glass is used on the facade, comprising over 12,000 panels. Each of the panels measures, on average, {{Convert|12|ft}} tall and {{Convert|5|ft}} across. The residential stories have casement windows, within the curtain wall, that can swing up to {{Convert|4|in}} outward. In addition, some condominium units have motorized windows at least {{Convert|7|ft|spell=in}} above the floor.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.20 (PDF p. 320)}} For the eastern facade, which cantilevers over the Art Students League building, a zinc facade was installed to reduce reflections of sunlight onto nearby buildings.{{cite web |last=Davidson |first=Justin |date=September 16, 2019 |title=The Challenges of Constructing New York's Tallest Apartment Building |url=https://nymag.com/intelligencer/2019/09/nyc-tallest-building-central-park-tower.html |access-date=June 21, 2021 |website=Intelligencer |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172323/https://nymag.com/intelligencer/2019/09/nyc-tallest-building-central-park-tower.html |url-status=live}} Zinc was chosen because it would eventually degrade into a matte finish.
The spandrels between each floor are clad with stainless steel. The curtain wall is subdivided vertically by stainless steel "fins" that are arranged similarly to pinstripes; they resemble mullions but do not project from the facade. The fins were originally designed as oblong ovals, but they were rotated after the contractors conducted simulations and determined that rotated ovals would be better suited for preventing snow accumulation. There are fewer fins on upper stories but, at several places on the facade, tall narrow bands wrap around the building, with the bands on upper stories being progressively larger.
For maintenance of the upper stories' facade, there are six "building maintenance units" on the roof. The facade underneath the cantilever on the building's eastern side, as well as the underside of the cantilever, is maintained by a cart that runs along a monorail under the cantilever.{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.33 to D.34 (PDF pp. 333–334)}} The top of the tower contains narrow, tall slats with vertical strips of lighting.{{cite web |date=May 3, 2021 |title=Central Park Tower's Crown Begins to Illuminate Over Midtown |url=https://newyorkyimby.com/2021/05/central-park-towers-crown-begins-to-illuminate-over-midtown.html |access-date=June 20, 2021 |website=New York YIMBY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624201039/https://newyorkyimby.com/2021/05/central-park-towers-crown-begins-to-illuminate-over-midtown.html |url-status=live}} According to Adrian Smith, one of the building's architects, the slats were meant to be "subtle, not garish".
== 1780 Broadway ==
{{redirect|B.F. Goodrich Building|the building in Chicago|B.F. Goodrich Company Showroom}}
File:Columbus Circle area Jun 2021 27.jpg
The facade of the B. F. Goodrich Building at 1780 Broadway, dating to 1909, is a New York City designated landmark and is preserved at the base of the tower on Broadway.{{cite web |last=Warerkar |first=Tanay |date=February 12, 2016 |title=Central Park Tower's Nordstrom Flagship Gets Its First Render |url=https://ny.curbed.com/2016/2/12/11029528/central-park-towers-nordstrom-flagship-gets-its-first-render |access-date=October 1, 2020 |website=Curbed NY |archive-date=October 15, 2017 |archive-url=https://web.archive.org/web/20171015044341/https://ny.curbed.com/2016/2/12/11029528/central-park-towers-nordstrom-flagship-gets-its-first-render |url-status=live}} It was restored as part of the construction of Central Park Tower. The landmark facade, largely composed of brick and limestone, consists of one bay of windows on either side of a wide central bay. 1780 Broadway was initially 12 stories tall, but it corresponds to eight physical stories within the base of Central Park Tower.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.21 (PDF p. 321)}}
The lowest two floors of 1780 Broadway are clad with granite and topped by a granite cornice, which has a peak at its center. Two storefronts were added at ground level in the 20th century and, at some point before 1979, light-toned granite was added to the ground floor. In the late 2010s, marble doorways were added to the ground story. The central window opening of the second floor is flanked by granite columns, while the outer bays contain trimmed rectangular window frames with carved bands.{{harvnb|Landmarks Preservation Commission|2009|ps=.|pp=7–8}} On each of the third through 11th floors, the central bay contains four windows within a granite frame, with a brick surround and a single window on either side. There is a small cornice above the central bay on the third floor and a sill above the 11th floor of the landmark facade. The 12th floor is clad with brick and contains a decorative balcony in the central bay.{{harvnb|Landmarks Preservation Commission|2009|ps=.|p=8}}
= Structural features =
Central Park Tower stands on hard bedrock. The foundation consists of reinforced concrete mats as well as spread footings and strip footings. Some parts of the foundation are anchored to the bedrock. Over {{Convert|75000|ft3}} of rock was excavated to pour the concrete mat, which is {{Convert|8|ft}} thick. The substructure for the three basement levels is built of reinforced concrete as well as composite steel and concrete.
The superstructure is made of reinforced concrete along with a grid of structural steel.{{cite web |title=Central Park Tower |url=https://www.doka.com/us/references/north-america/central-park-tower |access-date=June 17, 2021 |website=Doka |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624195910/https://www.doka.com/us/references/north-america/central-park-tower |url-status=live}} The first 12 above-ground stories (comprising floors 1 through 20) contain a reinforced-concrete and composite steel-and-concrete superstructure. Above the thirteenth physical story (floor 32), the superstructure is made of reinforced concrete which is cast in place. Residential and mechanical stories are separated by concrete slabs with a minimum thickness of {{Convert|9|in}}.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.18 (PDF p. 318)}} The roof consists of a concrete panel {{Convert|4|ft}} thick. Atop the building is a weighting system to balance the building against the wind. The weighting system consists of two suspended tuned mass dampers.
The center of the tower contains a concrete structural core. To create the core, metal formwork was assembled above the eighth floor and lifted to upper floors by crane, where concrete was poured into the formwork to a thickness of {{Convert|5|ft}}. While the superstructure on the first 83 stories was constructed with electronic assistance, the superstructure for the top 16 stories was erected entirely manually. At intervals of 20 physical stories, shear walls connect the core to concrete walls surrounding the tower. Additionally, steel columns and beams transfer loads from these shear walls into the bedrock. On higher stories, the corners contain setbacks and notches that also deflect wind loads. The cantilever on the building's eastern side is not structurally supported from beneath, so large shear walls extend east-west between the cantilever.
= Interior =
File:Central Park Tower from street 2020.jpg
The building has a gross floor area of {{Convert|1,285,308|ft2||abbr=}}. The first seven floors of the tower are anchored by New York City's first Nordstrom department store,{{cite web |last=Izzy |first=Grinspan |date=June 28, 2012 |title=Nordstrom Will Open on W.57th Street Sometime Around 2018 |url=http://ny.racked.com/archives/2012/06/28/nordstrom_will_open_on_w57th_street_sometime_around_2018.php |access-date=July 18, 2014 |publisher=Racked |archive-date=September 9, 2021 |archive-url=https://web.archive.org/web/20210909002616/https://ny.racked.com/2012/6/28/7719681/nordstrom-will-open-on-w57th-street-sometime-around-2018 |url-status=live}} while the next five floors house amenity spaces for residents.{{cite web |title=Nordstrom Tower to be World's Tallest Residential Building |url=http://sourceable.net/nordstrom-tower-worlds-tallest-residential-building/ |url-status=dead |archive-url=https://web.archive.org/web/20181021111708/http://sourceable.net/nordstrom-tower-worlds-tallest-residential-building/ |archive-date=October 21, 2018 |access-date=July 18, 2014 |publisher=Racked}} Separate mechanical systems, such as power, cooling, and heating systems, are provided for the retail and residential portions of the building.{{cite web |date=February 26, 2021 |title=Central Park Tower – Luxury Condominium Residential Tower (New York, NY) |url=https://www.akfgroup.com/projects/central-park-tower-luxury-condominium-residential-tower-new-york-ny/ |access-date=June 20, 2021 |website=AKF |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624200220/https://www.akfgroup.com/projects/central-park-tower-luxury-condominium-residential-tower-new-york-ny/ |url-status=live}}{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.38 to D.54 (PDF pp. 338–354)}} The core of the tower is shifted to the eastern side of the base, creating an open floor plan for the retail floors.{{harvnb|Extell Marketing Group|2017|ps=.|loc=PDF pp. 438–445}} Gordon Gill, one of the building's architects, said the core was shifted to the side before the rest of the tower was designed.
The building has 11 elevators. Four serve residential stories: three for residents and one shared by residents and service workers.{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.27 to D.28 (PDF pp. 327–328)}} Three other elevators are installed within individual suites: one in the duplex on floors 107/108, one in the duplex on floors 127/128, and one on the penthouse on floors 129–131.{{cite web |last=Gannon |first=Devin |date=March 27, 2017 |title=Extell's Central Park Tower will have a $95M penthouse and 100th-floor ballroom |url=https://www.6sqft.com/extells-central-park-tower-will-have-a-95m-penthouse-and-100th-floor-ballroom/ |access-date=October 27, 2020 |website=6sqft |archive-date=November 12, 2020 |archive-url=https://web.archive.org/web/20201112030542/https://www.6sqft.com/extells-central-park-tower-will-have-a-95m-penthouse-and-100th-floor-ballroom/ |url-status=live}} The residential elevators, developed by Otis Worldwide, travel {{Convert|2000|ft/min||abbr=}}.{{cite web |last=Warren |first=Katie |date=September 18, 2019 |title=View from the top: Inside the Billionaire's Row skyscraper that just became the tallest residential building in the world at 1,550 feet |url=https://www.businessinsider.com/central-park-tower-new-york-worlds-tallest-residential-building-photos-2019-9 |access-date=June 20, 2021 |website=Business Insider |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720172319/https://www.businessinsider.com/central-park-tower-new-york-worlds-tallest-residential-building-photos-2019-9 |url-status=live}} There are two additional service elevators in the building, one serving the base and another serving the highest stories. The retail base is served by its own set of elevators.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.32 (PDF p. 332)}} The building has two emergency exit stairs extending its full height, and the retail space has at least three exit stairs.{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.26 to D.27 (PDF pp. 326–327)}}
== Condominiums ==
The building contains 179 condominiums starting on the 32nd floor.{{cite web |date=September 18, 2019 |title=Central Park Tower tops out to become the world's tallest residential building |url=https://www.archpaper.com/2019/09/central-park-tower-tops-out/ |access-date=October 27, 2020 |website=The Architect's Newspaper |archive-date=November 16, 2020 |archive-url=https://web.archive.org/web/20201116185415/https://www.archpaper.com/2019/09/central-park-tower-tops-out/ |url-status=live}}{{cite web |last=Frank |first=Robert |date=September 18, 2019 |title=What it's like to live on the 123rd floor of the world's tallest condo tower |url=https://www.cnbc.com/2019/09/18/heres-what-its-like-on-the-123rd-floor-of-the-worlds-tallest-condo.html |access-date=October 27, 2020 |publisher=CNBC |archive-date=October 25, 2020 |archive-url=https://web.archive.org/web/20201025202720/https://www.cnbc.com/2019/09/18/heres-what-its-like-on-the-123rd-floor-of-the-worlds-tallest-condo.html |url-status=live}} Each unit has two to eight bedrooms, with {{Convert|1435|to|17500|ft2|abbr=}} of floor area. The average apartment spans {{Convert|5000|ft2||abbr=}}.{{cite web |last=Gannon |first=Devin |date=December 7, 2017 |title=New renderings revealed for Extell's Central Park Tower as it hits halfway mark |url=https://www.6sqft.com/interior-renderings-revealed-for-extells-central-park-tower-as-it-hits-halfway-mark/ |access-date=October 30, 2020 |website=6sqft |archive-date=September 30, 2020 |archive-url=https://web.archive.org/web/20200930215609/https://www.6sqft.com/interior-renderings-revealed-for-extells-central-park-tower-as-it-hits-halfway-mark/ |url-status=live}} The cheapest apartment was a $1.5 million studio, according to offering plans in 2017.{{cite web |last=Warerkar |first=Tanay |date=July 7, 2017 |title=Central Park Tower's sprawling floorplans, exorbitant prices are unveiled |url=https://ny.curbed.com/2017/7/7/15933586/central-park-tower-floorplans-pricing |access-date=November 2, 2020 |website=Curbed NY |archive-date=November 4, 2020 |archive-url=https://web.archive.org/web/20201104091723/https://ny.curbed.com/2017/7/7/15933586/central-park-tower-floorplans-pricing |url-status=live}} By contrast, twenty of the largest units were being sold at over $60 million each, and the penthouse was originally listed at $250 million.{{Cite news|last=Clarke|first=Katherine|date=2022-09-15|title=Will Someone Pay $250 Million to Live Atop the World's Tallest Condo Tower? The Developer Thinks So.|language=en-US|work=The Wall Street Journal|url=https://www.wsj.com/articles/central-park-tower-penthouse-lists-for-250-million-11663202931|access-date=2022-10-13|issn=0099-9660}}{{cite web | last=Frank | first=Robert | title=Inside the $250 million penthouse on 'Billionaires' Row' | publisher=CNBC | date=September 23, 2022 | url=https://www.cnbc.com/2022/09/23/inside-the-250-million-penthouse-on-billionaires-row.html | access-date=October 13, 2022 | archive-date=October 10, 2022 | archive-url=https://web.archive.org/web/20221010042859/https://www.cnbc.com/2022/09/23/inside-the-250-million-penthouse-on-billionaires-row.html | url-status=live }} The interiors of the building's condominiums were designed by Rottet Studio.{{cite news |last=Colman |first=Michelle |date=July 3, 2018 |title=Central Park Tower Reaches Supertall Status, See Never-Before-Seen Photos |work=CityRealty |url=https://www.cityrealty.com/nyc/market-insight/features/future-nyc/central-park-tower-reaches-supertall-status-see-never-before-seen-photos/18563 |access-date=October 30, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727222935/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/central-park-tower-reaches-supertall-status-see-never-before-seen-photos/18563 |url-status=live}}{{cite web |last=Waddoups |first=Ryan |date=August 16, 2021 |title=Inside Central Park Tower, the World's Tallest Residential Building |url=https://www.surfacemag.com/articles/central-park-tower-manhattan/ |access-date=February 3, 2022 |website=Surface |archive-date=February 3, 2022 |archive-url=https://web.archive.org/web/20220203151154/https://www.surfacemag.com/articles/central-park-tower-manhattan/ |url-status=live}} According to Gordon Gill, the materials and arrangement of each unit was intended to "address a softer, more sustainable, and sophisticated expression".{{cite web |last=Sayej |first=Nadya |date=August 12, 2021 |title=Exclusive Look Inside the World's Tallest Residential Skyscraper |url=https://www.architecturaldigest.com/story/exclusive-look-inside-worlds-tallest-residential-skyscraper |access-date=February 3, 2022 |website=Architectural Digest |archive-date=February 3, 2022 |archive-url=https://web.archive.org/web/20220203152655/https://www.architecturaldigest.com/story/exclusive-look-inside-worlds-tallest-residential-skyscraper |url-status=live}} The units have open layouts and floor-to-ceiling windows overlooking Central Park or other nearby structures.{{cite news |last=Mazzarella |first=Michelle |date=January 18, 2019 |title=First Look Inside the World's Highest Apartments at Central Park Tower |work=CityRealty |url=https://www.cityrealty.com/nyc/market-insight/features/future-nyc/first-look-inside-world039s-highest-apartments-central-park-tower/27963 |access-date=October 30, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727175835/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/first-look-inside-world039s-highest-apartments-central-park-tower/27963 |url-status=live}} Some of the units have double-height ceilings.{{Cite web |last=Block |first=India |date=May 25, 2021 |title=Photos of supertall skyscraper Central Park Tower nearing completion |url=https://www.dezeen.com/2021/05/25/central-park-tower-photography-paul-clemence/ |url-status=live |access-date=June 17, 2021 |website=Dezeen |language=en |archive-date=June 12, 2021 |archive-url=https://web.archive.org/web/20210612023211/https://www.dezeen.com/2021/05/25/central-park-tower-photography-paul-clemence/}} Interior features include Miele and Sub-Zero appliances, custom cabinetry, and white oak floors.{{cite news |last=Hylton |first=Ondel |date=July 11, 2017 |title=Central Park Tower's Luxurious Details Uncovered; Ballrooms, Observatories, Private Pools & More |work=CityRealty |url=https://www.cityrealty.com/nyc/market-insight/features/future-nyc/central-park-tower039s-luxurious-details-uncovered-ballrooms-observatories-private-pools-amp-more/12401 |access-date=October 30, 2020 |archive-date=August 15, 2020 |archive-url=https://web.archive.org/web/20200815072841/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/central-park-tower039s-luxurious-details-uncovered-ballrooms-observatories-private-pools-amp-more/12401 |url-status=live}} A small number of units have concrete terraces,{{Efn|According to {{harvnb|Extell Marketing Group|2017|p=D.24 (PDF p. 324)}}, these include one unit each on floors 39, 53, and 109; two units on floor 77; the duplex on floors 107/108, and the penthouse.}} but there are otherwise no balconies.
Most residences in Central Park Tower are given a letter designation that is appended to their floor number. Floors 32–38 have studios and two- or three-bedroom units, with four units labeled A–D on floor 32 and six labeled A–F on each of the other stories. Floor 39 contains two condominiums: unit A with three bedrooms and unit B with five bedrooms. Floors 43–49 each have four units labeled A–D, which contain either one or three bedrooms. Floor 53 is a single-story simplex unit with four bedrooms, while floors 54–70 each contain three units, labeled E, N, or W, with two or three bedrooms. Floors 77–96 contain two condominiums each; the unit labeled W has three bedrooms while the unit labeled E has four bedrooms. Floor 109 is a five-bedroom simplex, while floors 110–126 each contain a full-story unit with five bedrooms.{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.60 to D.61 (PDF pp. 360–361)}}{{efn|On floors with more than two units, allocations are as follows:
- On floors 33 through 38, units A–C each have three bedrooms, D and F have two bedrooms, and E is a studio.
- On floors 43 through 49, units A–C each have three bedrooms and D has one bedroom.
- On floors 54 through 70, units E and W have three bedrooms and N has two bedrooms.
}}
Three of the largest units in Central Park Tower are the seven-bedroom duplex on floors 107 and 108; the eight-bedroom duplex on floors 127 and 128; and the seven-bedroom triplex penthouse on floors 129 through 131. The duplex on floors 107–108 covers {{Convert|12557|ft2}}; the duplex on floors 127–128 covers {{Convert|11535|ft2}}; and the triplex penthouse on floors 129–131 covers {{Convert|17545|ft2}}. The $150 million duplex on floors 127–128 has nine bathrooms, a {{convert|30|ft|adj=mid|m|-long}} dining room, and an observatory. The penthouse contains its own gym, ballroom, library, and observatory. The three units have their own elevators and elevator lobbies. These units also have their own private staircases.
== Amenities ==
There are {{convert|50,000|sqft|m2}} of amenities on the 8th through 12th stories,{{cite web |last=Warren |first=Katie |date=June 10, 2019 |title=Here's what the tallest residential building in NYC will look like when it's completed in 2020 |url=https://www.businessinsider.com/central-park-tower-new-york-city-first-condos-for-sale-photos-2019-5 |access-date=November 2, 2020 |website=Business Insider |archive-date=April 30, 2020 |archive-url=https://web.archive.org/web/20200430234734/https://www.businessinsider.com/central-park-tower-new-york-city-first-condos-for-sale-photos-2019-5 |url-status=live}}{{cite web | last=McLaughlin | first=Katherine | title=Step Inside the World's Highest Private Club, 1,000 Feet Above New York's Central Park | website=Architectural Digest | date=June 28, 2022 | url=https://www.architecturaldigest.com/story/step-inside-worlds-highest-private-club-new-yorks-central-park | access-date=August 6, 2022 | archive-date=August 6, 2022 | archive-url=https://web.archive.org/web/20220806163837/https://www.architecturaldigest.com/story/step-inside-worlds-highest-private-club-new-yorks-central-park | url-status=live }} which are numbered as floors 14 through 18. The Central Park Club on floor 14 contains a lounge, theater, conference room, play area, and "tween lounge". Floor 14 also has an outdoor terrace spanning {{Convert|13100|ft2}},{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.23 to D.24 (PDF pp. 323–324)}} which was designed by HMWhite.{{cite web |last=Gannon |first=Devin |date=October 5, 2017 |title=REVEALED: Central Park Tower's 'Village Green' lawn and pool deck |url=https://www.6sqft.com/extells-supertall-central-park-tower-will-feature-a-village-green-designed-by-hmwhite/ |url-status=live |access-date=June 20, 2021 |website=6sqft |archive-date=March 7, 2019 |archive-url=https://web.archive.org/web/20190307173827/https://www.6sqft.com/extells-supertall-central-park-tower-will-feature-a-village-green-designed-by-hmwhite/}} The terrace contains a {{Convert|60|by|16|ft|adj=on}} outdoor pool{{harvnb|Extell Marketing Group|2017|ps=.|pp=D.57 to D.58 (PDF pp. 357–358)}} surrounded by pergolas and trellises; a central lawn with limestone and granite paths; and two gardens. There are two steam rooms in the changing room on floor 14. On floor 16 are an indoor pool, exercise rooms, spa, gym, basketball court, and children's playroom, as well as men's and women's lockers.{{harvnb|ps=.|Extell Marketing Group|2017|p=D.13 (PDF p. 313)}} The indoor lap pool measures {{Convert|63|by|16|ft}} and the pool in the spa measures {{Convert|13|by|7|ft}}. The changing room on floor 16 has one steam room, one men's sauna, and one women's sauna.
There is a three-floor private club named "The 100th Floor", marketed as the highest private club in the world.{{cite web |date=August 16, 2021 |title=Inside Central Park Tower, the World's Tallest Residential Building – SURFACE |url=https://www.surfacemag.com/articles/central-park-tower-manhattan/ |access-date=May 25, 2022 |website=SURFACE |archive-date=February 3, 2022 |archive-url=https://web.archive.org/web/20220203151154/https://www.surfacemag.com/articles/central-park-tower-manhattan/ |url-status=live }}{{cite news |date=January 27, 2020 |title=Inside Extell's private club for the 0.1% |work=The Real Deal |url=https://therealdeal.com/2020/01/27/inside-extells-private-club-for-the-0-1/ |access-date=October 30, 2020 |archive-date=November 20, 2020 |archive-url=https://web.archive.org/web/20201120180550/https://therealdeal.com/2020/01/27/inside-extells-private-club-for-the-0-1/ |url-status=live}} The private club is physically on the 68th story above ground but is marketed as floor 100.{{harvnb|ps=.|Extell Marketing Group|2017|p=D.15 (PDF p. 315)}}{{Efn|name=marketing floors}} The space, designed by Rottet Studio, contains a 126-person ballroom and a cigar bar. The club also includes a resident-only dining room for residents, which is known as 10 Cubed.{{Cite news|last=Searcey|first=Dionne|date=2025-01-22|title=At a Deluxe Dining Room on the 100th Floor, a Chef Toils in Obscurity|url=https://www.nytimes.com/2025/01/22/nyregion/condo-tower-restaurants.html|access-date=2025-01-24|work=The New York Times|language=en-US|issn=0362-4331}} The main lounge contains gold-accented decorations and pearl- and sapphire-colored furniture, while the bar area has black and gold decorations inspired by the Art Deco style. In addition, floor 100 has a kitchen that serves the ballroom, bar, and dining room.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.37 (PDF p. 337)}} An early plan for Central Park Tower included a visitor observatory at the top of the building,{{Cite news |last=Bagli |first=Charles V. |date=February 21, 2014 |title=A Packed Forum for a Rising Concern: New Skyscrapers Near Central Park |language=en-US |work=The New York Times |url=https://www.nytimes.com/2014/02/21/nyregion/a-packed-forum-for-a-rising-concern-new-skyscrapers-near-central-park.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624042409/https://www.nytimes.com/2014/02/21/nyregion/a-packed-forum-for-a-rising-concern-new-skyscrapers-near-central-park.html |url-status=live}} but these plans were scrapped after Extell CEO Gary Barnett said he wanted to maximize condominium space.{{Cite news |last=Bagli |first=Charles V. |date=June 1, 2015 |title=Up on the Roof: Top-Floor Attractions Help Maximize Revenues |language=en-US |work=The New York Times |url=https://www.nytimes.com/2015/06/01/nyregion/up-on-the-roof-top-floor-attractions-help-maximize-revenues.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=October 20, 2019 |archive-url=https://web.archive.org/web/20191020231045/https://www.nytimes.com/2015/06/01/nyregion/up-on-the-roof-top-floor-attractions-help-maximize-revenues.html |url-status=live}}
The third subcellar has residential bike storage, a package room, and cold storage. In addition, the third subcellar has 103 storage lockers for residents. Some of the units on floors 77 through 96 have private storage closets outside the apartments.
== Nordstrom ==
A Nordstrom department store occupies the building's first five floors and subcellars 1 and 2.{{harvnb|Extell Marketing Group|2017|ps=.|p=D.59 (PDF p. 359)}} The store spans {{convert|360000|ft2}} in total, of which {{convert|285,000|sqft|m2}} are within Central Park Tower; the remaining space is at 5 Columbus Circle and 1776 Broadway.{{cite web |last=Gannon |first=Devin |date=June 12, 2019 |title=Nordstrom's 7-level flagship opens at Central Park Tower next week |url=https://www.6sqft.com/nordstroms-7-level-flagship-opens-at-central-park-tower-next-week/ |access-date=December 8, 2019 |website=6sqft |archive-date=October 19, 2019 |archive-url=https://web.archive.org/web/20191019000127/https://www.6sqft.com/nordstroms-7-level-flagship-opens-at-central-park-tower-next-week/ |url-status=live}} Due to the high ceiling heights of the Nordstrom store, the first seven physical stories are collectively {{Convert|280|ft}} tall.
The Nordstrom location has an open plan for its floors, as well as {{Convert|19|ft||abbr=|adj=on}} ceilings. The floors are lit by the wavy glass facades of the base at 57th and 58th Streets. Other design features include halo reveals around each column; railings that wrap around the corners; and a terracotta wall near the elevators that resembles the wavy facade. The store also contains six bars and restaurants, including two operated by celebrity chef Tom Douglas.{{cite news |last=Vianna |first=Carla |date=June 11, 2019 |title=Nordstrom's New Seven-Story Store Will Have Restaurants from Big-Deal Seattle Chefs |work=Eater New York |url=https://ny.eater.com/2019/6/11/18661498/nordstroms-restaurants-wolf-jeannies-hani-pacific-nyc |access-date=June 17, 2019 |archive-date=June 17, 2019 |archive-url=https://web.archive.org/web/20190617195750/https://ny.eater.com/2019/6/11/18661498/nordstroms-restaurants-wolf-jeannies-hani-pacific-nyc |url-status=live}}
History
= Planning =
== Land acquisition ==
File:W58 St pencil blgs 2019-09 jeh.jpg (left) in September 2019|alt=Looking east along 58th Street at Central Park Tower (right) and 220 Central Park South (left) in September 2019]]
Extell began buying land for what would become the Central Park Tower in mid-2005. Extell purchased 221 West 57th Street and a neighboring lot for $67.5 million, yielding over {{convert|261,000|sqft|m2}} of buildable space.{{cite news |url=https://therealdeal.com/issues_articles/assembling-a-monster-tower |title=Assembling a monster tower |work=The Real Deal |last=Bockmann |first=Rich |date=October 1, 2015 |access-date=October 30, 2020 |archive-date=November 11, 2020 |archive-url=https://web.archive.org/web/20201111163734/https://therealdeal.com/issues_articles/assembling-a-monster-tower/ |url-status=live}} That September, Extell served one of 221 West 57th Street's occupants, the Broadway Dance Center, a notice of default for operating without the required public assembly permit. Extell also revoked the Center's use of the building's internal staircases due to theft concerns and offered the Center $1 million to move to a new home on 55th Street.{{cite news |url=https://www.nytimes.com/2005/11/23/arts/dance/embattled-with-landlord-dance-studio-may-lose-its-home.html |title=Embattled With Landlord, Dance Studio May Lose Its Home |date=November 23, 2005 |work=The New York Times |last=Kinetz |first=Erika |issn=0362-4331 |access-date=October 30, 2020 |archive-date=January 25, 2021 |archive-url=https://web.archive.org/web/20210125033537/https://www.nytimes.com/2005/11/23/arts/dance/embattled-with-landlord-dance-studio-may-lose-its-home.html |url-status=live}} Extell purchased {{convert|136,000|sqft|m2}} of air rights from the Art Students League of New York in early 2006 for $23.1 million,{{cite web |last=Horsley |first=Carter |date=February 9, 2006 |title=Extell buys air-rights from Art Students League on West 57th Street |url=https://www.cityrealty.com/nyc/market-insight/carters-view/archives/extell-buys-air-rights-art-students-league-west-57th-street/360 |work=CityRealty |access-date=October 30, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727165507/https://www.cityrealty.com/nyc/market-insight/carters-view/archives/extell-buys-air-rights-art-students-league-west-57th-street/360 |url-status=live}}{{cite magazine |date=January 9, 2006 |title=Extell Buys Air Rights For Big New York Redevelopment |url=https://www.proquest.com/docview/197973784 |journal=Real Estate Finance and Investment |pages=1 |id={{ProQuest|197973784}}|via=ProQuest|access-date=November 1, 2020|archive-date=September 9, 2021|archive-url=https://web.archive.org/web/20210909002613/https://www.proquest.com/docview/197973784|url-status=live}} and later paid the Art Students League another $31.8 million for {{convert|6,000|sqft|m2}} of air rights.
Further air rights purchases followed in 2006 and 2007. This included {{convert|100,000|sqft|m2}} of air rights above the Osborne Apartments on 205 West 57th Street in January 2006; another {{convert|12,000|sqft|m2}} of air rights from the Saint Thomas Choir School at 202 West 58th Street in November 2006; and {{convert|14,290|sqft|m2}} of air rights from the 13-story apartment building at 200 West 58th Street in January 2007. In addition, in two separate 2006 purchases, Extell gained {{convert|156,000|sqft|m2}} of development rights from the purchase of 1780 Broadway and two contiguous properties and {{convert|20,000|sqft|m2}} of development rights from the purchase of a plot of 58th Street. Combined, these purchases allowed a building with up to {{convert|563,000|sqft|m2}} of floor area.
In July 2013, Extell paid $25 million for the lot at 232 West 58th Street, adding another {{convert|20,750|sqft|m2}} of development rights, and thus completing the site. That October, Extell purchased {{convert|90,000|sqft|m2}} of air rights from the Atlantic Development Group.
== Attempted preservation of existing structures ==
The New York City Landmarks Preservation Commission (LPC) attempted to protect 225 West 57th Street and the neighboring 1780 Broadway in 2009, having unsuccessfully attempted to designate the structures as city landmarks in 1994.{{cite web |last=Chan |first=Sewell |date=November 10, 2009 |title=Divided Landmarks Panel Splits Decision on Midtown Buildings |url=http://cityroom.blogs.nytimes.com/2009/11/10/landmarks-panel-split-vote-on-midtown-buildings/ |access-date=October 27, 2020 |website=City Room |archive-date=July 20, 2021 |archive-url=https://web.archive.org/web/20210720181406/https://cityroom.blogs.nytimes.com/2009/11/10/landmarks-panel-split-vote-on-midtown-buildings/ |url-status=live}} After Extell and New York City Council Speaker Christine Quinn pushed back, the LPC dropped its proposal to designate 225 West 57th Street as a landmark. In an LPC hearing, almost all parties except for the Real Estate Board of New York supported designating 1780 Broadway as a landmark. However, the proposed designation of 225 West 57th Street received both significant support and opposition: the American Institute of Architects, New York State Assembly member Richard N. Gottfried, and the Landmarks Preservation Council of Illinois spoke in favor of that building's designation while City Council members Melinda Katz, Daniel Garodnick, and Jessica Lappin spoke against landmark status.{{harvnb|ps=.|Landmarks Preservation Commission|2009|p=1}}
On November 10, 2009, the LPC voted 6–3 to preserve 1780 Broadway's facade and tear down everything else. The three dissenting members of the LPC had wanted 225 West 57th Street to be preserved as well.{{cite news |last=Brown |first=Elliot |date=November 10, 2009 |title=After Push by Extell, Landmarks Backs Down Over West 57th Street Building |work=The New York Observer |url=https://observer.com/2009/11/after-push-by-extell-landmarks-backs-down-over-west-57th-street-building/ |access-date=October 30, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727164737/https://observer.com/2009/11/after-push-by-extell-landmarks-backs-down-over-west-57th-street-building/ |url-status=live}} Preservation groups like the Historic Districts Council and New York Landmarks Conservancy expressed dissatisfaction that City Council members had influenced the decision. The council members had said they would veto any LPC designation for the properties if 225 West 57th Street was protected.{{cite news |last=Pogrebin |first=Robin |author-link=Robin Pogrebin |date=November 18, 2009 |title=City Council Influences Landmarks Decision |newspaper=The New York Times |url=https://www.nytimes.com/2009/11/19/arts/design/19goodrich.html |access-date=October 30, 2020 |issn=0362-4331 |archive-date=January 26, 2021 |archive-url=https://web.archive.org/web/20210126205452/http://www.nytimes.com/2009/11/19/arts/design/19goodrich.html |url-status=live}}{{cite news |last=Solomon |first=Serena |date=November 10, 2009 |title=Columbus Circle Development Clears Landmark Hurdle |work=DNAinfo |url=https://www.dnainfo.com/new-york/20091110/midtown-west-hells-kitchen/columbus-circle-development-clears-landmark-hurdle/ |url-status=dead |access-date=December 21, 2019 |archive-url=https://web.archive.org/web/20191221232841/https://www.dnainfo.com/new-york/20091110/midtown-west-hells-kitchen/columbus-circle-development-clears-landmark-hurdle/ |archive-date=December 21, 2019}} Conversely, had both buildings been protected, Extell stated it would have canceled its development on the site.{{Cite web |last=Brown |first=Eliot |date=November 9, 2009 |title=Planned Extell {{sic|Skyscaper |hide=y}} Faces Landmarks Test Over B.F. Goodrich Buildings|url=https://observer.com/2009/11/planned-extell-skyscaper-faces-landmarks-test-over-bf-goodrich-buildings/|url-status=live|access-date=June 20, 2021|website=Observer|language=en-US|archive-date=June 24, 2021|archive-url=https://web.archive.org/web/20210624201618/https://observer.com/2009/11/planned-extell-skyscaper-faces-landmarks-test-over-bf-goodrich-buildings/}} The last tenant of 1780 Broadway moved out of that building in April 2011. Extell demolished 225 West 57th Street in 2011 and destroyed the interiors of 1780 Broadway at the end of 2012.{{cite news |last=Chaban |first=Matt |date=December 3, 2012 |title=Demolition Begins on 1780 Broadway, Final Piece of Barnett's 1,550-Foot 57th Street Tower |work=The New York Observer |url=https://observer.com/2012/12/demolition-begins-on-1780-broadway-final-piece-of-barnetts-1550-foot-57th-street-tower/ |access-date=October 30, 2020 |archive-date=August 15, 2020 |archive-url=https://web.archive.org/web/20200815202925/https://observer.com/2012/12/demolition-begins-on-1780-broadway-final-piece-of-barnetts-1550-foot-57th-street-tower/ |url-status=live}}
== Art Students League cantilever ==
File:Central Park Tower.jpg under construction|alt=A cantilevered platform extends from the right side of the building under construction]]
The cantilever over the Art Students League of New York's building at 215 West 57th Street was controversial. In October 2013, Manhattan Community Board 5 voted against allowing the cantilever, although the vote was merely advisory and final power over the decision rested with the LPC.{{cite news |last=Velsey |first=Kim |date=October 11, 2013 |title=Community Board Rejects Extell's Plan to Cantilever Skyscraper Over Landmarked Art Students League |url=https://observer.com/2013/10/community-board-rejects-extells-plan-to-cantilever-skyscraper-over-landmarked-art-students-league/ |url-status=live |archive-url=https://web.archive.org/web/20210116102331/https://observer.com/2013/10/community-board-rejects-extells-plan-to-cantilever-skyscraper-over-landmarked-art-students-league/ |archive-date=January 16, 2021 |access-date=October 30, 2020 |work=The New York Observer}} Weeks later, the LPC approved the air rights sale and cantilever in a 6–1 vote.{{cite news |date=October 22, 2013 |title=Extell cleared to cantilever 1,550-foot Nordstrom tower |url=https://therealdeal.com/2013/10/22/landmarks-makes-peace-with-extells-nordstrom-tower-cantilever/ |url-status=live |archive-url=https://web.archive.org/web/20210720172850/https://therealdeal.com/2013/10/22/landmarks-makes-peace-with-extells-nordstrom-tower-cantilever/ |archive-date=July 20, 2021 |access-date=October 30, 2020 |work=The Real Deal}} At the same meeting, Extell revealed a revised design that would rise {{convert|1,423|ft|m}} tall.{{cite web |last=Fedak |first=Nikolai |date=October 2, 2013 |title=Revealed: Extell's 1,423-Foot Nordstrom Tower |url=https://newyorkyimby.com/2013/10/the-nordstrom-tower-217-west-57th-street.html |url-status=live |archive-url=https://web.archive.org/web/20200928125439/https://www.newyorkyimby.com/2013/10/the-nordstrom-tower-217-west-57th-street.html |archive-date=September 28, 2020 |access-date=October 30, 2020 |work=New York Yimby}} In February 2014, the Art Students League also approved the deal in a 1,342–227 vote among all members despite opposition from several third parties including the Municipal Art Society.{{cite news |last=Velsey |first=Kim |date=February 13, 2014 |title=Art Students League Approves Extell Cantilever |url=https://observer.com/2014/02/art-students-league-approves-extell-cantilever/ |url-status=live |archive-url=https://web.archive.org/web/20200901192730/https://observer.com/2014/02/art-students-league-approves-extell-cantilever/ |archive-date=September 1, 2020 |access-date=October 30, 2020 |work=The New York Observer}}{{cite web |last=Fedak |first=Nikolai |date=October 22, 2013 |title=Approved: The Nordstrom Tower |url=https://newyorkyimby.com/2013/10/approved-the-nordstrom-tower.html |url-status=live |archive-url=https://web.archive.org/web/20201111235315/https://newyorkyimby.com/2013/10/approved-the-nordstrom-tower.html |archive-date=November 11, 2020 |access-date=October 30, 2020 |work=New York Yimby}} Afterward, over 100 members of the Art Students League filed suit against Extell and the Art Students League organization itself to attempt to stop the air rights sale, but the lawsuit was dismissed in mid-2014.{{cite news |last=Moses |first=Claire |date=July 25, 2014 |title=Judge dismisses Art Students League suit over Extell tower |url=https://therealdeal.com/2014/07/25/judge-dismisses-art-student-league-suit-over-extell-tower/ |url-status=live |archive-url=https://web.archive.org/web/20200727164752/https://therealdeal.com/2014/07/25/judge-dismisses-art-student-league-suit-over-extell-tower/ |archive-date=July 27, 2020 |access-date=October 30, 2020 |work=The Real Deal}}
In January 2016, three hundred members of the League sued the League's leadership, claiming that instructions on how to vote on the sale were misleading and that the publicized voting procedure was not followed correctly. According to the lawsuit, materials distributed by the League's leadership indicated that abstaining from voting would count the same as a "no" vote, which allegedly led many members not to vote on the issue. If non-voting members' decisions were counted as "no" votes, the tally should have been 2,603–1,342 against the air rights sale.{{cite news |last1=Mashberg |first1=Tom |last2=Moynihan |first2=Colin |date=January 18, 2016 |title=At Art Students League, Air Rights and Airing Grievances |url=https://www.nytimes.com/2016/01/18/arts/design/at-art-students-league-air-rights-and-airing-grievances.html |url-status=live |archive-url=https://web.archive.org/web/20210607000921/https://www.nytimes.com/2016/01/18/arts/design/at-art-students-league-air-rights-and-airing-grievances.html |archive-date=June 7, 2021 |access-date=October 30, 2020 |newspaper=The New York Times |issn=0362-4331}} The second lawsuit was dismissed through summary judgment when a judge ruled that the League's leadership had acted in good faith while interpreting the League's by-laws regarding voting procedures. An appeals court upheld the decision in March 2016, as reversing the air-rights sale would have resulted in an undue hardship that would cost Extell more than $200 million.{{cite web |last=Denno |first=Jesse |date=March 16, 2016 |title=Suit Against Art Students League Board Decision To Sell Air Rights Fails On Appeal |url=https://www.citylandnyc.org/suit-against-art-students-league-board-decision-to-sell-air-rights-fails-on-appeal/ |url-status=live |archive-url=https://web.archive.org/web/20201203194609/https://www.citylandnyc.org/suit-against-art-students-league-board-decision-to-sell-air-rights-fails-on-appeal/ |archive-date=December 3, 2020 |access-date=October 30, 2020 |work=CityLand |publisher=New York Law School}}
= Construction =
== Early construction ==
By mid-2012, Nordstrom committed to occupying {{convert|285,000|sqft|m2}} at the base of Extell's proposed tower.{{cite web | title=Nordstrom selects different West Side Extell space for its New York City flagship | website=The Real Deal | date=June 26, 2012 | url=https://therealdeal.com/new-york/2012/06/26/nordstrom-selects-different-extell-space-for-its-nyc-flagship/ | access-date=January 13, 2024}} Construction permits were filed with the New York City Department of Buildings in November 2012.{{cite web |last=Polsky |first=Sara |date=November 26, 2012 |title=Extell Files Permit For New 88-Story Building on 57th Street |url=https://ny.curbed.com/2012/11/26/10302646/extell-files-permit-for-new-88-story-building-on-57th-street |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624203026/https://ny.curbed.com/2012/11/26/10302646/extell-files-permit-for-new-88-story-building-on-57th-street |url-status=live}}{{Cite web |date=November 27, 2012 |title=Extell's (other) West 57th project to rise 1,550 feet |url=https://therealdeal.com/2012/11/27/extell-files-for-88-story-development-a-block-for-one57/ |url-status=live |access-date=June 20, 2021 |website=The Real Deal New York |language=en-US |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624203255/https://therealdeal.com/2012/11/27/extell-files-for-88-story-development-a-block-for-one57/}} Extell revealed that Adrian Smith + Gordon Gill would design the tower, which was to be known as the Nordstrom Tower, and that it would rise {{convert|1,550|ft|m}} to become the second-tallest building in New York City.{{cite news |last=Brown |first=Elliot |date=December 16, 2012 |title=Extell's Chief Thinking Tall For Midtown |newspaper=The Wall Street Journal |url=https://www.wsj.com/articles/SB10001424127887324907204578183653670009518 |access-date=October 30, 2020 |issn=0099-9660 |archive-date=November 25, 2020 |archive-url=https://web.archive.org/web/20201125150557/https://www.wsj.com/articles/SB10001424127887324907204578183653670009518 |url-status=live}} Adrian Smith's firm, which had been recommended by Nordstrom, beat out other contenders for the design including Herzog & de Meuron, SHoP Architects, Jean Nouvel, Foster and Partners, and Rogers Stirk Harbour + Partners.{{cite news |last=Chaban |first=Matt |date=May 10, 2012 |title=Gary Barnett on How He Chooses His Designers and the 1,250-Foot Starchitect Tower Planned for Broadway and 57th |work=The New York Observer |url=https://observer.com/2012/05/gary-barnett-on-how-he-chooses-his-designers-and-the-1250-foot-starchitect-tower-planned-for-broadway-and-57th-street/ |access-date=October 30, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727222935/https://observer.com/2012/05/gary-barnett-on-how-he-chooses-his-designers-and-the-1250-foot-starchitect-tower-planned-for-broadway-and-57th-street/ |url-status=live}} At the time, the building was expected to rise {{convert|1,250|ft|m}}, open in 2018, and contain a hotel on the seventh through twelfth stories. In late 2013, the LPC approved the tower's cantilever over the Art Students League building.{{Cite news |last=Finn |first=Robin |date=January 10, 2014 |title=The Hangover: Cantilevered Buildings of New York |language=en-US |work=The New York Times |url=https://www.nytimes.com/2014/01/12/realestate/cantilevered-buildings-of-new-york.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624225442/https://www.nytimes.com/2014/01/12/realestate/cantilevered-buildings-of-new-york.html |url-status=live}} Extell had demolished all the previous buildings on the site by then.{{cite web |last=Fedak |first=Nikolai |date=November 8, 2013 |title=Construction Update: 217 West 57th Street |url=https://newyorkyimby.com/2013/11/217-west-57th-street-construction-photos.html |access-date=October 30, 2020 |work=New York Yimby |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727221226/https://newyorkyimby.com/2013/11/217-west-57th-street-construction-photos.html |url-status=live}} Nordstrom made a $102.5 million down payment for the first five floors and the two basement floors in August 2013.{{cite web | last=Barbarino | first=Al | title=Nordstrom Pays $102.5 M. for Midtown Flagship | website=Commercial Observer | date=August 27, 2013 | url=https://commercialobserver.com/2013/08/nordstrom-pays-102-5-m-for-midtown-flagship/ | access-date=January 13, 2024}}{{cite web | title=Nordstrom Puts Down $102M To Own Space In Extell Project | website=Law360 | date=August 27, 2013 | url=https://www.law360.com/articles/468043/nordstrom-puts-down-102m-to-own-space-in-extell-project | access-date=January 13, 2024}}
The company began excavating the building's {{convert|80|ft|m|-deep|adj=mid}} foundations in May 2014.{{cite web |last=Fedak |first=Nikolai |date=May 2, 2014 |title=Construction Update: 217 West 57th Street & 220 Central Park South |url=https://newyorkyimby.com/2014/05/construction-update-217-west-57th-street-and-220-central-park-south-may.html |access-date=October 30, 2020 |work=New York Yimby |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727174246/https://newyorkyimby.com/2014/05/construction-update-217-west-57th-street-and-220-central-park-south-may.html |url-status=live}}{{cite web |last=Budin |first=Jeremiah |date=May 2, 2014 |title=217 West 57th Street Watch; Trans-Hudson Tunnel Underway |url=https://ny.curbed.com/2014/5/2/10105604/217-west-57th-street-watch-trans-hudson-tunnel-underway |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624202110/https://ny.curbed.com/2014/5/2/10105604/217-west-57th-street-watch-trans-hudson-tunnel-underway |url-status=live}}{{Cite web |last=Cameron |first=Christopher |date=May 3, 2014 |title=Extell, Vornado racing to raise uber-luxury towers |url=https://therealdeal.com/2014/05/03/extell-vornado-racing-to-raise-uber-luxury-towers/ |url-status=live |access-date=June 20, 2021 |website=The Real Deal New York |language=en-US |archive-date=November 3, 2020 |archive-url=https://web.archive.org/web/20201103195748/https://therealdeal.com/2014/05/03/extell-vornado-racing-to-raise-uber-luxury-towers/}} A new design for the tower was leaked in July 2014, with the tower containing a {{convert|1,479|ft|m|adj=mid|-tall}} parapet. The spire was to reach {{convert|1,775|ft|m}}, just {{convert|1|ft}} shorter than One World Trade Center's pinnacle.{{cite web |url=https://newyorkyimby.com/2014/07/nordstrom-tower-to-become-worlds-tallest-residential-building.html |title=Nordstrom Tower To Become World's Tallest Residential Building At 1,775 Feet |date=July 9, 2014 |last=Fedak |first=Nikolai |work=New York Yimby |access-date=October 30, 2020 |archive-date=April 21, 2019 |archive-url=https://web.archive.org/web/20190421041228/https://newyorkyimby.com/2014/07/nordstrom-tower-to-become-worlds-tallest-residential-building.html |url-status=live}}{{Cite web |last=Clarke |first=Katherine |date=July 10, 2014 |title=Nordstrom Tower in Midtown will be world's tallest residential building |url=https://www.nydailynews.com/life-style/real-estate/new-condo-tower-57th-st-world-tallest-article-1.1860838 |url-status=live |access-date=June 20, 2021 |website=New York Daily News |issn=2692-1251 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624202758/https://www.nydailynews.com/life-style/real-estate/new-condo-tower-57th-st-world-tallest-article-1.1860838}} After nearly a year of excavation, the building's concrete foundation was poured in February 2015.{{cite web |url=https://newyorkyimby.com/2015/02/foundation-work-continues-at-217-west-57th-street-and-220-central-park-south.html |title=Foundation Work Continues At 217 West 57th Street And 220 Central Park South |date=February 13, 2015 |last=Fedak |first=Nikolai |work=New York Yimby |access-date=October 30, 2020 |archive-date=September 26, 2020 |archive-url=https://web.archive.org/web/20200926053827/https://newyorkyimby.com/2015/02/foundation-work-continues-at-217-west-57th-street-and-220-central-park-south.html |url-status=live}} New renderings were revealed on April 20, 2015, showed a parapet height of {{convert|1,530|ft|m}} and an architectural height of {{convert|1,775|ft|m}} with the spire.{{cite web |last=Fedak |first=Nikolai |date=April 20, 2015 |url=http://www.newyorkyimby.com/2015/04/revealed-217-west-57th-street-official-renderings-for-worlds-future-tallest-residential-building.html |title=Revealed: 217 West 57th Street, Official Renderings For World's Future Tallest Residential Building |work=New York Yimby |access-date=April 20, 2015 |archive-date=April 23, 2015 |archive-url=https://web.archive.org/web/20150423212432/http://newyorkyimby.com/2015/04/revealed-217-west-57th-street-official-renderings-for-worlds-future-tallest-residential-building.html |url-status=live}} If the spire had been built, it would have been on the eastern side of the tower.{{cite web |first=Carter |last=Horsley |title=Central Park Tower, 217 West 57th Street, Midtown West, New York, NY 10019 |website=CityRealty |date=June 18, 2021 |url=https://www.cityrealty.com/nyc/midtown-west/central-park-tower-217-west-57th-street/58211 |access-date=June 21, 2021 |archive-date=June 23, 2021 |archive-url=https://web.archive.org/web/20210623085101/https://www.cityrealty.com/nyc/midtown-west/central-park-tower-217-west-57th-street/58211 |url-status=live}} The website New York YIMBY reported the next month that the spire would rise to {{Convert|1795|ft}}, making the Nordstrom Tower the tallest in New York City and the Western Hemisphere.{{cite web |last=Alberts |first=Hana R. |date=May 11, 2015 |title=Will One World Trade Center Lose Its 'Tallest Building' Title? |url=https://ny.curbed.com/2015/5/11/9962450/will-one-world-trade-center-lose-its-tallest-building-title |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624203458/https://ny.curbed.com/2015/5/11/9962450/will-one-world-trade-center-lose-its-tallest-building-title |url-status=live}}{{cite web |date=May 11, 2015 |title=Diagrams Show Nordstrom Tower/217 West 57th Street Will Stand 1,795 Feet Tall, Becoming New York City's Tallest Building |url=https://newyorkyimby.com/2015/05/diagrams-show-nordstrom-tower-217-west-57th-street-will-stand-1795-feet-tall-becoming-nycs-tallest-building.html |access-date=June 20, 2021 |website=New York YIMBY |archive-date=May 12, 2019 |archive-url=https://web.archive.org/web/20190512192630/https://newyorkyimby.com/2015/05/diagrams-show-nordstrom-tower-217-west-57th-street-will-stand-1795-feet-tall-becoming-nycs-tallest-building.html |url-status=live}}{{Cite news |last=Clarke |first=Katherine |date=May 12, 2015 |title=Midtown's Nordstrom tower is set to beat out 1 World Trade Center as the city's tallest building |language=en-US |work=New York Daily News |issn=2692-1251 |url=https://www.nydailynews.com/life-style/real-estate/1-world-trade-center-no-longer-nyc-tallest-tower-article-1.2217988 |access-date=June 20, 2021 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624204839/https://www.nydailynews.com/life-style/real-estate/1-world-trade-center-no-longer-nyc-tallest-tower-article-1.2217988 |url-status=live}} Extell founder Gary Barnett denied these rumors, saying he would keep the height at 1,775 feet "out of respect" to One World Trade Center.{{cite web |last=Dailey |first=Jessica |date=May 12, 2015 |title=Extell Says Nordstrom Tower Will Not Eclipse One WTC |url=https://ny.curbed.com/2015/5/12/9961912/extell-says-nordstrom-tower-will-not-eclipse-one-wtc |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624201750/https://ny.curbed.com/2015/5/12/9961912/extell-says-nordstrom-tower-will-not-eclipse-one-wtc |url-status=live}} At the time, spokespeople for Extell would not confirm a final height{{Cite news |last=Higgins |first=Michelle |date=May 29, 2015 |title=On the Midtown Skyline, a Race to the Clouds |language=en-US |work=The New York Times |url=https://www.nytimes.com/2015/05/31/realestate/on-the-midtown-skyline-a-race-to-the-clouds.html |access-date=June 20, 2021 |issn=0362-4331 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624225510/https://www.nytimes.com/2015/05/31/realestate/on-the-midtown-skyline-a-race-to-the-clouds.html |url-status=live}} and said leaked designs for the tower were "wrong".{{cite web |last=Rosenberg |first=Zoe |date=August 18, 2015 |title=All Renderings For Extell's Huge 57th Street Tower Are 'Wrong' |url=https://ny.curbed.com/2015/8/18/9929366/all-renderings-for-extells-huge-57th-street-tower-are-wrong |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624201810/https://ny.curbed.com/2015/8/18/9929366/all-renderings-for-extells-huge-57th-street-tower-are-wrong |url-status=live}}
The tower crane was installed in July 2015{{cite web |last=Fedak |first=Nikolai |date=July 6, 2015 |title=Tower Crane Arrives At 217 West 57th Street, Aka Nordstrom Tower |url=https://newyorkyimby.com/2015/07/tower-crane-arrives-at-217-west-57th-street-aka-nordstrom-tower.html |access-date=October 30, 2020 |work=New York Yimby |archive-date=October 1, 2020 |archive-url=https://web.archive.org/web/20201001202257/https://newyorkyimby.com/2015/07/tower-crane-arrives-at-217-west-57th-street-aka-nordstrom-tower.html |url-status=live}}{{cite web |last=Budin |first=Jeremiah |date=July 6, 2015 |title=Extell's 1,500-Foot Midtown Megatower Is Ready to Rise |url=https://ny.curbed.com/2015/7/6/9943488/extells-1500-foot-midtown-megatower-is-ready-to-rise |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624202933/https://ny.curbed.com/2015/7/6/9943488/extells-1500-foot-midtown-megatower-is-ready-to-rise |url-status=live}} and the structure reached street level by the end of September.{{cite web |last=Fedak |first=Nikolai |date=September 29, 2015 |title=Nordstrom Tower's Core Rises Above Street Level At 217 West 57th Street |url=https://newyorkyimby.com/2015/09/nordstrom-towers-core-rises-above-street-level-at-217-west-57th-street.html |access-date=October 30, 2020 |work=New York Yimby |archive-date=September 29, 2020 |archive-url=https://web.archive.org/web/20200929180438/https://www.newyorkyimby.com/2015/09/nordstrom-towers-core-rises-above-street-level-at-217-west-57th-street.html |url-status=live}} New permits filed that month showed the building without a spire but increased the parapet height to {{convert|1,550|ft|m}}. At the same time, the building's official name of "Central Park Tower" was unveiled and the completion date was pushed back to 2019.{{cite web |url=https://newyorkyimby.com/2015/09/nordstrom-tower-has-lost-its-spire-will-stand-1550-feet-tall.html |title=Nordstrom Tower Has Lost Its Spire, Will Stand 1,550 Feet Tall |date=September 8, 2015 |last=Fedak |first=Nikolai |work=New York Yimby |access-date=October 30, 2020 |archive-date=November 8, 2020 |archive-url=https://web.archive.org/web/20201108111632/https://newyorkyimby.com/2015/09/nordstrom-tower-has-lost-its-spire-will-stand-1550-feet-tall.html |url-status=live}}{{cite web |last=Rosenberg |first=Zoe |date=September 8, 2015 |title=Central Park Tower Loses Its Spire, Will Stand 1,550 Feet |url=https://ny.curbed.com/2015/9/8/9923584/central-park-tower-loses-its-spire-will-stand-1550-feet |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624204556/https://ny.curbed.com/2015/9/8/9923584/central-park-tower-loses-its-spire-will-stand-1550-feet |url-status=live}} Work on the above-ground structure began in late 2015.{{cite web |last=Plitt |first=Amy |date=December 31, 2015 |title=New York's Future Tallest Tower Begins Its Skyward Ascent |url=https://ny.curbed.com/2015/12/31/10850442/new-yorks-future-tallest-tower-begins-its-skyward-ascent |access-date=June 20, 2021 |website=Curbed NY |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624205530/https://ny.curbed.com/2015/12/31/10850442/new-yorks-future-tallest-tower-begins-its-skyward-ascent |url-status=live}} The structural steel for Nordstrom's retail base was complete by the middle of 2016.{{cite web |url=https://newyorkyimby.com/2016/05/construction-update-supertall-217-west-57th-street-a-k-a-central-park-tower.html |title=Construction Update: Supertall 217 West 57th Street, A.K.A. Central Park Tower |date=May 23, 2016 |last=Fedak |first=Nikolai |work=New York Yimby |access-date=October 30, 2020 |archive-date=October 20, 2020 |archive-url=https://web.archive.org/web/20201020093045/https://www.newyorkyimby.com/2016/05/construction-update-supertall-217-west-57th-street-a-k-a-central-park-tower.html |url-status=live}}
== Financing difficulties ==
File:217-W-57-October-1-2015.jpg
Extell took out a $300 million mortgage from The Blackstone Group on the land in mid-2012. The new mortgage allowed Extell to repay a $250 million loan from HSBC on the site's existing properties. In June 2016, Extell announced it was seeking to raise $190 million in financing for the tower from foreign investors through the EB-5 visa program.{{cite news |url=https://therealdeal.com/2016/06/21/extell-looks-to-raise-190m-in-eb-5-funds-for-central-park-tower/ |date=June 21, 2016 |title=Extell looks to raise $190M in EB-5 funds for Central Park Tower |last=Clarke |first=Katherine |work=The Real Deal |access-date=October 30, 2020 |archive-date=September 26, 2020 |archive-url=https://web.archive.org/web/20200926093600/https://therealdeal.com/2016/06/21/extell-looks-to-raise-190m-in-eb-5-funds-for-central-park-tower/ |url-status=live}} The company had previously raised $400 million by selling the retail portion to Nordstrom and another $300 million by issuing bonds on the Tel Aviv Stock Exchange.{{cite news |url=https://therealdeal.com/2016/01/06/extell-in-talks-with-capital-partner-for-central-park-tower/ |title=Extell in talks with capital partner for Central Park Tower |date=January 6, 2016 |first=E.B. |last=Solomon |work=The Real Deal |access-date=October 30, 2020 |archive-date=October 22, 2020 |archive-url=https://web.archive.org/web/20201022163634/https://therealdeal.com/2016/01/06/extell-in-talks-with-capital-partner-for-central-park-tower/ |url-status=live}} Around the same time, Extell also brought in the Shanghai Municipal Investment Group (SMI) as an additional equity investor for roughly $300 million.{{cite news |url=https://therealdeal.com/2016/08/01/extell-looks-to-have-brought-in-chinese-equity-partner-at-central-park-tower/ |title=Extell looks to have brought in Chinese equity partner at Central Park Tower |date=August 1, 2016 |first1=Katherine |last1=Clarke |first2=Will |last2=Parker |work=The Real Deal |access-date=October 30, 2020 |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119104029/https://therealdeal.com/2016/08/01/extell-looks-to-have-brought-in-chinese-equity-partner-at-central-park-tower/ |url-status=live}} Though the Blackstone loan had faced maturation in August 2016, Extell used the extra cash to repay $50 million of the loan and extend the maturity on the remainder, to December 9, 2016.
Even after the additional capital was secured, Extell still needed to receive a loan of roughly $1 billion by May 2017, or SMI could exercise a put option to force Extell to repay SMI's equity investment with interest. Additionally, the interest rate on Extell's bonds on the Tel Aviv Stock Exchange rose from 6 to 16 percent, effectively turning them into junk bonds.{{cite news |last=Clarke |first=Katherine |date=October 5, 2016 |title=Inside Gary Barnett's game of real estate Tetris |work=The Real Deal |url=https://therealdeal.com/2016/10/05/inside-gary-barnetts-game-of-real-estate-tetris/ |access-date=October 30, 2020 |archive-date=November 4, 2020 |archive-url=https://web.archive.org/web/20201104011112/https://therealdeal.com/2016/10/05/inside-gary-barnetts-game-of-real-estate-tetris/ |url-status=live}} If Extell defaulted on Blackstone's loan, its interest rate would increase from 8 to 14 percent, but Blackstone was only willing to grant Extell a one-week extension on its land loan to December 17.{{cite news |title=Extell secures one-week extension on $235M Blackstone loan |date=December 13, 2016 |url=https://therealdeal.com/2016/12/13/extell-secures-one-week-extension-on-235m-blackstone-loan/ |last=Clarke |first=Katherine |work=The Real Deal |access-date=October 30, 2020 |archive-date=December 3, 2020 |archive-url=https://web.archive.org/web/20201203052325/https://therealdeal.com/2016/12/13/extell-secures-one-week-extension-on-235m-blackstone-loan/ |url-status=live}} The day the land loan was due, Extell closed a new $235 million bridge loan with JPMorgan Chase and hedge funds Fortress Investment Group and Baupost Group to repay Blackstone.{{cite news |url=https://therealdeal.com/2016/12/16/extell-refis-land-loan-at-central-park-tower/ |title=Extell to refi $235M land loan at Central Park Tower |date=December 16, 2016 |work=The Real Deal |last=Clarke |first=Katherine |access-date=October 30, 2020 |archive-date=October 30, 2020 |archive-url=https://web.archive.org/web/20201030082428/https://therealdeal.com/2016/12/16/extell-refis-land-loan-at-central-park-tower/ |url-status=live}}
By March 2017, Extell disclosed that it had spent $939 million on the development of the tower since 2014, including over $300 million in 2016 alone.{{cite news |url=https://therealdeal.com/2017/03/29/extell-secures-168m-in-eb-5-funds-for-central-park-tower-projects-completion-date-pushed-back/ |title=Extell secures $168M in EB-5 funds for Central Park Tower; project's completion date pushed back |date=March 29, 2017 |last=Gourarie |first=Chava |work=The Real Deal |access-date=October 30, 2020 |archive-date=October 20, 2020 |archive-url=https://web.archive.org/web/20201020172524/https://therealdeal.com/2017/03/29/extell-secures-168m-in-eb-5-funds-for-central-park-tower-projects-completion-date-pushed-back/ |url-status=live}} The tower's completion date was also pushed back another year to November 2020. At the same time, Nordstrom invested another $25 million, with a put option that allowed the company to force Extell to repurchase the store space if it was not ready by December 2018. A further $168 million came from EB-5 investors. In May 2017, SMI changed the terms for its equity investment, so that Extell could keep looking for a construction loan until the end of 2017.{{cite news |url=https://therealdeal.com/2017/08/28/extell-bonds-downgraded-in-israel-but-remain-low-risk/ |title=Extell bonds downgraded in Israel, but remain low risk |date=August 27, 2017 |last=Gourarie |first=Chava |work=The Real Deal |access-date=October 30, 2020 |archive-date=October 31, 2020 |archive-url=https://web.archive.org/web/20201031073630/https://therealdeal.com/2017/08/28/extell-bonds-downgraded-in-israel-but-remain-low-risk/ |url-status=live}} That June, Israeli bondholders became concerned that Extell would be unable to meet its bond obligations as it held only $120 million in cash, still had not closed a construction loan, and still had its bonds classified as junk bonds with a 13 percent interest rate.{{cite news |url=https://therealdeal.com/2017/06/21/skittish-israeli-investors-respond-to-drop-in-extell-bond-price/ |date=June 21, 2017 |title=Wait. Wait. Extell is a terrible company, but they want our properties? |last=Gourarie |first=Chava |work=The Real Deal |access-date=October 30, 2020 |archive-date=October 28, 2020 |archive-url=https://web.archive.org/web/20201028002943/https://therealdeal.com/2017/06/21/skittish-israeli-investors-respond-to-drop-in-extell-bond-price/ |url-status=live}} A month later, over 40 private and institutional bondholders met to discuss whether to force early repayment on the bonds. Extell was scheduled to repay $180 million in December 2018 but investors were worried that the company could not raise the cash, as the declining luxury market had made the unit pricing unrealistic.{{cite news |url=https://therealdeal.com/2017/07/06/extell-bondholders-could-force-early-repayment-on-barnetts-bonds/ |title=Extell bondholders could force early repayment on Barnett's bonds |date=July 6, 2017 |last=Gourarie |first=Chava |work=The Real Deal |access-date=October 30, 2020 |archive-date=October 28, 2020 |archive-url=https://web.archive.org/web/20201028025947/https://therealdeal.com/2017/07/06/extell-bondholders-could-force-early-repayment-on-barnetts-bonds/ |url-status=live}}
Following the bondholder's meeting, Extell signed a term sheet for a $900 million construction loan with JPMorgan Chase in August 2017.{{cite news |url=https://therealdeal.com/2017/06/23/extell-finalizing-900m-construction-loan-from-jpmorgan-led-group-for-central-park-tower/ |title=The priciest condo project in New York history is finalizing a $900M loan |date=June 23, 2017 |last=Maurer |first=Mark |work=The Real Deal |access-date=October 30, 2020 |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119205912/https://therealdeal.com/2017/06/23/extell-finalizing-900m-construction-loan-from-jpmorgan-led-group-for-central-park-tower/ |url-status=live}} That same month, an Israeli bond rating agency downgraded the credit ratings for all of Extell's bonds after the company revealed it had just $36 million in cash on hand. Extell stated that it intended to close on the loan with JPMorgan before the end of the year, but the cash on hand would not be able to sustain construction through 2018 without a loan. SMI also agreed to push back the deadline on their put option for a third time, from December 2017 to June 2018.{{cite news |url=https://therealdeal.com/2017/08/29/smi-extends-deadline-for-central-park-tower-financing/ |title=SMI extends the deadline for financing Central Park Tower |date=August 29, 2017 |last=Gourarie |first=Chava |work=The Real Deal |access-date=October 30, 2020 |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119232929/https://therealdeal.com/2017/08/29/smi-extends-deadline-for-central-park-tower-financing/ |url-status=live}} At the end of 2017, Extell announced it closed on $900 million in construction financing from JPMorgan Chase and an additional $235 million preferred equity investment from a hedge fund. The preferred equity carried an interest rate of 11 percent while the senior loan carried the high rate of Libor plus 4.5%. JPMorgan required repayment of the loan by December 2021 and also stipulated that Extell must sell $500 million worth of apartments by December 2020 or face default.{{cite news |last=Gourarie |first=Chava |date=January 1, 2018 |title=Barnett closes on $1B-plus financing for Central Park Tower |work=The Real Deal |url=https://therealdeal.com/2018/01/01/barnett-closes-on-1b-financing-for-central-park-tower/ |access-date=October 30, 2020 |archive-date=November 29, 2020 |archive-url=https://web.archive.org/web/20201129042457/https://therealdeal.com/2018/01/01/barnett-closes-on-1b-financing-for-central-park-tower/ |url-status=live}} In March 2018, Extell announced they would be selling 17 percent of the equity in the tower to a group of investors for $107 million,{{cite news |last=Gourarie |first=Chava |date=March 13, 2018 |title=Extell sells $107M in shares at its $4B Central Park Tower condo project |work=The Real Deal |url=https://therealdeal.com/2018/03/13/extell-sells-107m-in-shares-at-its-4b-central-park-tower-condo-project/ |access-date=October 30, 2020 |archive-date=October 26, 2020 |archive-url=https://web.archive.org/web/20201026111313/https://therealdeal.com/2018/03/13/extell-sells-107m-in-shares-at-its-4b-central-park-tower-condo-project/ |url-status=live}} sparking another downgrade of Extell's bonds.{{cite news |last=Solomon |first=E.B. |date=March 21, 2018 |title=Wanted: Sales director at Central Park Tower |work=The Real Deal |url=https://therealdeal.com/2018/03/21/wanted-sales-director-at-central-park-tower/ |access-date=October 30, 2020 |archive-date=October 28, 2020 |archive-url=https://web.archive.org/web/20201028115430/https://therealdeal.com/2018/03/21/wanted-sales-director-at-central-park-tower/ |url-status=live}}
== Sales launch and topping out ==
At the end of May 2017, Extell received approval to begin sales at Central Park Tower,{{cite news |first=Amy |last=Plitt |url=https://ny.curbed.com/2017/6/1/15714666/central-park-tower-offering-plan-approval-sales-launch |title=Central Park Tower is now one step closer to launching sales |date=June 1, 2017 |access-date=August 30, 2017 |work=Curbed |archive-date=March 27, 2019 |archive-url=https://web.archive.org/web/20190327090326/https://ny.curbed.com/2017/6/1/15714666/central-park-tower-offering-plan-approval-sales-launch |url-status=live}} with a total targeted $4.02 billion sellout for the project's 179 condominiums.{{cite news |last=Solomon |first=E.B. |date=May 21, 2015 |title=What could Gary do? Analyzing Extell's $4.4B sellout at the Nordstrom Tower |work=The Real Deal |url=https://therealdeal.com/2015/05/21/what-could-gary-do-analyzing-extells-4-4b-sellout-at-the-nordstrom-tower/ |access-date=October 30, 2020 |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119062923/https://therealdeal.com/2015/05/21/what-could-gary-do-analyzing-extells-4-4b-sellout-at-the-nordstrom-tower/ |url-status=live}} A sales office was opened inside the tower, with decorations of New York City attractions and voice-overs advertising the building as "a shimmering beacon of class, optimism and chutzpah".{{Cite news |first1=Katherine |last1=Clarke |first2=Candace |last2=Taylor |date=January 17, 2019 |title=The Man Behind Billionaires' Row Battles to Sell the World's Tallest Condo |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/the-man-behind-billionaires-row-battles-to-sell-the-worlds-tallest-condo-11547739897 |access-date=June 21, 2021 |issn=0099-9660 |archive-date=June 24, 2021 |archive-url=https://web.archive.org/web/20210624201207/https://www.wsj.com/articles/the-man-behind-billionaires-row-battles-to-sell-the-worlds-tallest-condo-11547739897 |url-status=live}} The average unit price of $22.5 million was twice as much as the average sales price for a top New York City luxury apartment.{{cite news |last=Parker |first=Will |date=May 31, 2017 |title=Central Park Tower, NYC's first $4B condo, can now launch sales |work=The Real Deal |url=https://therealdeal.com/2017/05/31/central-park-tower-nycs-first-4b-condo-can-now-launch-sales/ |access-date=October 30, 2020 |archive-date=November 4, 2020 |archive-url=https://web.archive.org/web/20201104013744/https://therealdeal.com/2017/05/31/central-park-tower-nycs-first-4b-condo-can-now-launch-sales/ |url-status=live}} Extell hoped to sell 20 of the units for more than $60 million a piece, including a $95 million penthouse.{{cite news |last=Solomon |first=E.B. |date=July 7, 2017 |title=Revealed: Inside Gary Barnett's $4B tower |work=The Real Deal |url=https://therealdeal.com/2017/07/07/revealed-inside-gary-barnetts-4b-central-park-tower/ |access-date=October 30, 2020 |archive-date=November 19, 2020 |archive-url=https://web.archive.org/web/20201119214725/https://therealdeal.com/2017/07/07/revealed-inside-gary-barnetts-4b-central-park-tower/ |url-status=live}} The first glass was installed on the building in September 2017 when the building was roughly a third of the way to its peak.{{cite web |url=https://newyorkyimby.com/2017/09/217-west-57th-street-aka-central-park-tower-gets-its-first-glass.html |title=217 West 57th Street, Aka Central Park Tower, Gets Its First Glass |last=Fedak |first=Nikolai |date=September 11, 2017 |work=New York Yimby |access-date=October 30, 2020 |archive-date=October 30, 2020 |archive-url=https://web.archive.org/web/20201030005456/https://newyorkyimby.com/2017/09/217-west-57th-street-aka-central-park-tower-gets-its-first-glass.html |url-status=live}} The tower reached the {{convert|1,000|ft|m|abbr=|adj=on}} mark in the spring of 2018 and was approximately {{convert|1,300|ft|m}} tall by the end of the year.{{cite web |url=https://newyorkyimby.com/2018/04/central-park-tower-countrys-tallest-building-under-construction-officially-reaches-supertall-territory.html |title=Central Park Tower, Country's Tallest Building Under Construction, Officially Reaches Supertall Territory |date=April 30, 2018 |last=Nelson |first=Andrew |work=New York Yimby |access-date=October 30, 2020 |archive-date=March 19, 2019 |archive-url=https://web.archive.org/web/20190319185911/https://newyorkyimby.com/2018/04/central-park-tower-countrys-tallest-building-under-construction-officially-reaches-supertall-territory.html |url-status=live}}{{cite web |url=https://newyorkyimby.com/2018/12/central-park-tower-set-to-top-off-next-year-as-tallest-residential-tower-over-new-york-city-western-hemisphere.html |title=Central Park Tower Approaches 1,550-Foot Pinnacle, Nears Tallest Roof Height In New York City & The Western Hemisphere |date=December 31, 2018 |last=Young |first=Michael |work=New York Yimby |access-date=October 30, 2020 |archive-date=October 25, 2020 |archive-url=https://web.archive.org/web/20201025170920/https://www.newyorkyimby.com/2018/12/central-park-tower-set-to-top-off-next-year-as-tallest-residential-tower-over-new-york-city-western-hemisphere.html |url-status=live}} In October 2018, Extell officially launched sales at the project.{{cite news |url=https://therealdeal.com/2018/10/15/sales-have-officially-launched-at-central-park-tower/ |title=Sales officially launch at Central Park Tower |date=October 15, 2018 |last=Solomon |first=E.B. |work=The Real Deal |access-date=October 30, 2020 |archive-date=November 4, 2020 |archive-url=https://web.archive.org/web/20201104031129/https://therealdeal.com/2018/10/15/sales-have-officially-launched-at-central-park-tower/ |url-status=live}}
By the end of 2018, Extell had spent $1.7 billion on construction of the tower and expected to spend another $1.3 billion before the building opened. This total project cost of $3 billion was over $1 billion higher than the $1.9 billion that Extell expected construction to cost in 2016.{{cite news |url=https://commercialobserver.com/2019/04/all-in-good-tase-the-crisis-for-the-american-cohort-in-tel-aviv-is-essentially-over/ |title=All in Good TASE: The Crisis for the American Cohort in Tel Aviv Is Essentially Over |date=April 4, 2019 |work=Commercial Observer |last=Gourarie |first=Chava |access-date=October 30, 2020 |archive-date=September 25, 2020 |archive-url=https://web.archive.org/web/20200925003204/https://commercialobserver.com/2019/04/all-in-good-tase-the-crisis-for-the-american-cohort-in-tel-aviv-is-essentially-over/ |url-status=live}} Extell also increased the projected sellout of the building's condominiums to $4.5 billion or $7,450 per square foot, up from projections of $4.02 billion in May 2017 and higher even than the $4.4 billion in sales Extell expected in 2016. The company also unveiled new buyers' incentives, offering to waive between three and five years of common charges and pay 50 percent of broker's commissions.{{cite news |url=https://www.6sqft.com/can-extell-make-central-park-tower-the-most-expensive-condo-in-u-s-history/ |title=Can Extell make Central Park Tower the most expensive condo in U.S. history? |date=January 18, 2019 |work=6sqft |last=Schulz |first=Dana |access-date=October 30, 2020 |archive-date=October 23, 2020 |archive-url=https://web.archive.org/web/20201023022028/https://www.6sqft.com/can-extell-make-central-park-tower-the-most-expensive-condo-in-u-s-history/ |url-status=live}}{{Cite web |date=November 29, 2018 |title=To lure buyers, Extell offers free common charges for up to five years |first=E.B. |last=Slomont |url=https://therealdeal.com/2018/11/29/to-lure-buyers-extell-offers-free-common-charges-for-up-to-five-years/ |access-date=November 20, 2020 |website=The Real Deal New York |language=en-US |archive-date=November 27, 2020 |archive-url=https://web.archive.org/web/20201127222956/https://therealdeal.com/2018/11/29/to-lure-buyers-extell-offers-free-common-charges-for-up-to-five-years/ |url-status=live}} In interviews in 2019, Barnett said that condominiums were not selling as quickly as at Extell's previous One57 development during the early 2010s, when there were no other luxury developments nearby. Barnett signaled an openness to discounting units to increase sales in addition to the existing buyers' incentives.{{cite news |last1=Carmiel |first1=Oshrat |last2=Hurtado |first2=Viviana |date=September 6, 2019 |title=Manhattan's Tallest Condo Building Joins a Swamped Luxury Market |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2019-09-06/manhattan-s-tallest-condo-building-joins-a-swamped-luxury-market |access-date=September 12, 2019 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727215453/https://www.bloomberg.com/news/articles/2019-09-06/manhattan-s-tallest-condo-building-joins-a-swamped-luxury-market |url-status=live}}{{cite news |last=Solomont |first=E.B. |date=December 31, 2019 |title=Gary Barnett gets candid about the condo boom of the 2010s and what's to come |work=The Real Deal |url=https://therealdeal.com/2019/12/31/gary-barnett-gets-candid-about-the-condo-boom-of-the-2010s-and-whats-to-come/ |access-date=October 30, 2020 |archive-date=November 4, 2020 |archive-url=https://web.archive.org/web/20201104064652/https://therealdeal.com/2019/12/31/gary-barnett-gets-candid-about-the-condo-boom-of-the-2010s-and-whats-to-come/ |url-status=live}} While Barnett did not disclose sales numbers, he said that half of the buyers would be "English speakers" and the other half would be foreign buyers.
Central Park Tower surpassed 432 Park Avenue in height during March 2019, reaching {{convert|1,400|ft|m}}.{{cite news |url=https://newyorkyimby.com/2019/03/central-park-tower-surpasses-432-park-avenue-to-become-the-tallest-residential-building-in-the-western-hemisphere.html |title=Central Park Tower Surpasses 432 Park Avenue To Become The Tallest Residential Building In The Western Hemisphere |date=March 25, 2019 |work=New York YIMBY |last=Young |first=Michael |access-date=October 30, 2020 |archive-date=November 7, 2020 |archive-url=https://web.archive.org/web/20201107230318/https://newyorkyimby.com/2019/03/central-park-tower-surpasses-432-park-avenue-to-become-the-tallest-residential-building-in-the-western-hemisphere.html |url-status=live}} Two months later, the building's first condominiums were publicly listed for sale. The tower reached over {{convert|1,450|ft|m}} by the end of July 2019, surpassing the Willis Tower in Chicago.{{cite news |url=https://newyorkyimby.com/2019/07/central-park-tower-surpasses-chicagos-willis-tower-on-way-to-tallest-roof-height-in-western-hemisphere.html |title=Central Park Tower Surpasses Chicago's Willis Tower On Way To Tallest Roof Height In Western Hemisphere |date=July 29, 2019 |work=New York YIMBY |last=Young |first=Michael |access-date=October 30, 2020 |archive-date=October 27, 2020 |archive-url=https://web.archive.org/web/20201027180124/https://newyorkyimby.com/2019/07/central-park-tower-surpasses-chicagos-willis-tower-on-way-to-tallest-roof-height-in-western-hemisphere.html |url-status=live}} Central Park Tower topped out on September 17, 2019, the same day as One Vanderbilt.{{cite news |url=https://newyorkyimby.com/2019/09/central-park-tower-officially-tops-out-1550-feet-above-midtown-becoming-worlds-tallest-residential-building.html |title=Central Park Tower Officially Tops Out 1,550 Feet Above Midtown, Becoming World's Tallest Residential Building |date=September 17, 2019 |access-date=September 17, 2019 |work=New York YIMBY |last=Young |first=Michael |archive-date=September 18, 2019 |archive-url=https://web.archive.org/web/20190918004424/https://newyorkyimby.com/2019/09/central-park-tower-officially-tops-out-1550-feet-above-midtown-becoming-worlds-tallest-residential-building.html |url-status=live}} The Nordstrom store was the first part of the Central Park Tower to be finished, opening on October 24, 2019.{{Cite web |date=October 28, 2019 |title=Nordstrom's Manhattan Flagship Store Officially Opens for Business in Central Park Tower |url=https://newyorkyimby.com/2019/10/nordstroms-manhattan-flagship-store-officially-opens-for-business-in-central-park-tower.html |url-status=live |archive-url=https://web.archive.org/web/20191110212612/https://newyorkyimby.com/2019/10/nordstroms-manhattan-flagship-store-officially-opens-for-business-in-central-park-tower.html |archive-date=November 10, 2019 |access-date=December 8, 2019 |work=New York Yimby |language=en-US}}{{Cite web |title=Check out the cocktail bar at Nordstrom's new Billionaires' Row flagship |url=https://www.6sqft.com/check-out-the-cocktail-bar-at-nordstroms-new-billionaires-row-flagship/ |url-status=live |archive-url=https://web.archive.org/web/20201031133743/https://www.6sqft.com/check-out-the-cocktail-bar-at-nordstroms-new-billionaires-row-flagship/ |archive-date=October 31, 2020 |access-date=November 4, 2020 |website=6sqft |language=en-US}} By the end of the year, the building's glass curtain wall had been almost completely installed.{{cite news |last=Young |first=Michael |date=December 31, 2019 |title=Central Park Tower's Glass Curtain Wall Nears Completion In Midtown |work=New York Yimby |url=https://newyorkyimby.com/2019/12/central-park-towers-glass-curtain-wall-nears-completion-in-midtown.html |url-status=live |access-date=October 30, 2020 |archive-url=https://web.archive.org/web/20201020030816/https://newyorkyimby.com/2019/12/central-park-towers-glass-curtain-wall-nears-completion-in-midtown.html |archive-date=October 20, 2020}} Construction was temporarily halted in March 2020 due to the COVID-19 pandemic in New York City.{{cite web |date=March 25, 2020 |title=Construction of US $4bn Central Park Tower in New York halted |url=https://constructionreviewonline.com/2020/03/construction-of-us-4bn-central-park-tower-in-new-york-halted/ |url-status=live |archive-url=https://web.archive.org/web/20200326172414/https://constructionreviewonline.com/2020/03/construction-of-us-4bn-central-park-tower-in-new-york-halted/ |archive-date=March 26, 2020 |access-date=April 2, 2020 |website=Construction Review Online}}{{Cite web |date=March 24, 2020 |title=Extell Suspends Construction on Central Park Tower |url=https://commercialobserver.com/2020/03/extell-suspends-construction-on-central-park-tower/ |url-status=live |archive-url=https://web.archive.org/web/20201020230740/https://commercialobserver.com/2020/03/extell-suspends-construction-on-central-park-tower/ |archive-date=October 20, 2020 |access-date=November 2, 2020 |website=Commercial Observer |language=en-US}} By late 2020, the construction crane was being disassembled,{{cite web |date=September 14, 2020 |title=Central Park Tower's Construction Crane Begins Disassembly Above Billionaires' Row |url=https://newyorkyimby.com/2020/09/central-park-towers-construction-crane-begins-disassembly-above-billionaires-row.html |url-status=live |archive-url=https://web.archive.org/web/20201025200259/https://www.newyorkyimby.com/2020/09/central-park-towers-construction-crane-begins-disassembly-above-billionaires-row.html |archive-date=October 25, 2020 |access-date=October 30, 2020 |website=New York YIMBY}} and the first residents started moving into Central Park Tower.{{cite web |last=Neubauer |first=Kelsey |date=January 4, 2021 |title=8 Major NYC Projects Set To Deliver In 2021 |url=https://www.bisnow.com/new-york/news/construction-development/9-projects-to-be-completed-in-2021-107235 |url-status=live |archive-url=https://web.archive.org/web/20210116062938/https://www.bisnow.com/new-york/news/construction-development/9-projects-to-be-completed-in-2021-107235 |archive-date=January 16, 2021 |access-date=January 19, 2021 |website=Bisnow}} The tower's total cost was $3 billion.{{cite web | title=NYC's Central Park Tower Set to Be World's Tallest Residential Building, With Apartments Listed Up to $63 Million | website=NBC New York | date=September 18, 2019 | url=https://www.nbcnewyork.com/news/local/nycs-central-park-tower-will-be-worlds-tallest-residential-building/1991418/ | access-date=November 21, 2023}}
== Construction incidents ==
On July 12, 2017, a {{convert|4,300|lb|kg|abbr=|adj=on}} crate containing window panes fell from floor 16 after a ramp connecting the construction hoist to the building collapsed. The New York City Fire Department closed 58th Street for the rest of the day to investigate.{{cite news |last=Brenzel |first=Kathryn |date=July 12, 2017 |title=Ramp falls 16 stories from Extell's Central Park Tower construction site |url=https://therealdeal.com/2017/07/12/ramp-plummets-from-extells-central-park-tower-construction-site |url-status=live |archive-url=https://web.archive.org/web/20201021221704/https://therealdeal.com/2017/07/12/ramp-plummets-from-extells-central-park-tower-construction-site/ |archive-date=October 21, 2020 |access-date=October 30, 2020 |work=The Real Deal}}
On December 18, 2019, ice falling from Central Park Tower injured a pedestrian, who required hospitalization.{{cite news |last=Sundstrom |first=Mark |date=December 18, 2019 |title=Falling ice hits, injures person near Columbus Circle: FDNY |url=https://www.pix11.com/news/local-news/manhattan/falling-ice-hits-injures-person-near-columbus-circle-fdny |url-status=live |archive-url=https://web.archive.org/web/20191222035112/https://www.pix11.com/news/local-news/manhattan/falling-ice-hits-injures-person-near-columbus-circle-fdny |archive-date=December 22, 2019 |access-date=December 21, 2019 |work=Pix11 News}}{{cite web |last=Pereira |first=Sydney |date=December 19, 2019 |title=Falling Ice Is Forcing Street Closures Near Columbus Circle |url=https://gothamist.com/news/falling-ice-forcing-street-closures-near-columbus-circle |url-status=live |archive-url=https://web.archive.org/web/20220806163253/https://gothamist.com/news/falling-ice-forcing-street-closures-near-columbus-circle |archive-date=August 6, 2022 |access-date=August 6, 2022 |website=Gothamist}} Multiple blocks near the building were closed to traffic and pedestrians by the Department of Emergency Management, and the Department of Buildings stopped construction on the building indefinitely. The falling ice was considered problematic because ice sliding down a flat facade, such as that of Central Park Tower, could reach a maximum speed of {{Convert|70|mph||abbr=}} from a height of as little as 15 stories.{{Cite news |last=Paybarah |first=Azi |author-link=Azi Paybarah |date=December 24, 2019 |title=Why Ice Is Falling From Glass Skyscrapers |url=https://www.nytimes.com/2019/12/24/nyregion/nyc-falling-ice.html |url-status=live |archive-url=https://web.archive.org/web/20191224105007/https://www.nytimes.com/2019/12/24/nyregion/nyc-falling-ice.html |archive-date=December 24, 2019 |access-date=December 24, 2019 |work=The New York Times |language=en-US |issn=0362-4331}}
On May 26, 2018, a glass panel at the ground floor toppled onto 67-year-old security guard Harry Ramnauth,{{cite news |last=Gartland |first=Michael |date=October 21, 2019 |title=Family of NYC security guard crushed by glass in horrific Billionaires' Row construction accident locked in ugly legal war over death |url=https://www.nydailynews.com/new-york/ny-harry-ramnauth-billionaires-row-extel-lend-lease-20191021-dvazobl3nba3vbwpu3zzjrk3lq-story.html |url-status=live |archive-url=https://web.archive.org/web/20201125061857/https://www.nydailynews.com/new-york/ny-harry-ramnauth-billionaires-row-extel-lend-lease-20191021-dvazobl3nba3vbwpu3zzjrk3lq-story.html |archive-date=November 25, 2020 |access-date=October 30, 2020 |work=New York Daily News |issn=2692-1251}} who later died due to blunt force trauma of the neck and torso.{{cite news |last=Baird-Remba |first=Rebecca |date=November 13, 2019 |title=A Construction Death on Billionaire's Row Shines Light on NY's Wrongful Death Law |url=https://commercialobserver.com/2019/11/a-construction-death-on-billionaires-row-shines-light-on-nys-wrongful-death-law/ |url-status=live |archive-url=https://web.archive.org/web/20201030044707/https://commercialobserver.com/2019/11/a-construction-death-on-billionaires-row-shines-light-on-nys-wrongful-death-law/ |archive-date=October 30, 2020 |access-date=October 30, 2020 |work=Commercial Observer}} A construction worker at the scene fractured his right foot when he tried to rescue Ramnauth.{{cite news |date=May 26, 2018 |title=Security guard dies after falling glass from Central Park Tower skyscraper strikes him |url=https://www.nydailynews.com/new-york/security-guard-struck-killed-skyscraper-falling-glass-article-1.4011406 |url-status=live |archive-url=https://web.archive.org/web/20181117104935/https://www.nydailynews.com/new-york/security-guard-struck-killed-skyscraper-falling-glass-article-1.4011406 |archive-date=November 17, 2018 |access-date=November 16, 2018 |work=New York Daily News |issn=2692-1251}}{{cite news |date=May 26, 2018 |title=One man killed, one injured by falling glass panel at midtown construction site, authorities say |url=https://www.amny.com/news/construction-accident-midtown-skyscraper-1.18772646 |url-status=live |archive-url=https://web.archive.org/web/20190123010840/https://www.amny.com/news/construction-accident-midtown-skyscraper-1.18772646 |archive-date=January 23, 2019 |access-date=January 11, 2019 |work=am New York}} Following the incident, a stop-work order was placed on the site,{{cite news |date=May 27, 2018 |title=City suspends construction on Midtown skyscraper after falling glass killed security guard |url=https://www.nydailynews.com/new-york/guard-died-nyc-tower-construction-accident-history-article-1.4012961 |url-status=live |archive-url=https://web.archive.org/web/20181117104933/https://www.nydailynews.com/new-york/guard-died-nyc-tower-construction-accident-history-article-1.4012961 |archive-date=November 17, 2018 |access-date=November 16, 2018 |work=New York Daily News |issn=2692-1251}}{{cite news |date=May 27, 2018 |title=Stop Work Order Issued at Skyscraper Construction Site After Death |url=https://www.nbcnewyork.com/news/local/Stop-Work-Order-Issued-at-Skyscraper-Construction-Site-After-Death-Central-Park-Tower-483807791.html |url-status=live |archive-url=https://web.archive.org/web/20190123045222/https://www.nbcnewyork.com/news/local/Stop-Work-Order-Issued-at-Skyscraper-Construction-Site-After-Death-Central-Park-Tower-483807791.html |archive-date=January 23, 2019 |access-date=January 22, 2019 |work=NBC New York}} and Lendlease Group, contractor Pinnacle Industries, and Extell paid the guard's family $1.25 million to settle the family's wrongful death claim.{{cite news |last1=Brenzel |first1=Kathryn |last2=Diduch |first2=Mary |date=January 23, 2020 |title=Lendlease disputes city's penalty in 2018 death at Central Park Tower |url=https://therealdeal.com/2020/01/23/lendlease-disputes-citys-penalty-in-2018-death-at-central-park-tower/ |url-status=live |archive-url=https://web.archive.org/web/20201125033719/https://therealdeal.com/2020/01/23/lendlease-disputes-citys-penalty-in-2018-death-at-central-park-tower/ |archive-date=November 25, 2020 |access-date=October 30, 2020 |work=The Real Deal}} The Occupational Safety and Health Administration (OSHA) also fined Lendlease and subcontractor Permasteelisa North America $12,934 each.{{cite news |last=Slowey |first=Kim |date=January 27, 2020 |title=Lendlease sues NYC building department over death citation |url=https://www.constructiondive.com/news/lendlease-sues-nyc-building-department-over-death-citation/571112/ |url-status=live |archive-url=https://web.archive.org/web/20201128185731/https://www.constructiondive.com/news/lendlease-sues-nyc-building-department-over-death-citation/571112/ |archive-date=November 28, 2020 |access-date=October 30, 2020 |work=Construction Dive}} Lendlease was also fined $25,000 by the New York City Office of Administration Trials and Hearings for failing to adequately safeguard the construction site.
= Completion and opening =
File:Central Park Tower December 2022 015.jpg
While some media sources reported that Central Park Tower was completed by the end of 2020,{{Cite news |date=January 14, 2021 |title=Dramatic drop in skyscrapers built in 2020 as coronavirus impacts global construction |language=en-US |work=Dezeen |url=https://www.dezeen.com/2021/01/14/skyscrapers-2020-coronavirus-council-tall-buildings-urban-habitat/ |access-date=January 19, 2021 |archive-date=January 18, 2021 |archive-url=https://web.archive.org/web/20210118082106/https://www.dezeen.com/2021/01/14/skyscrapers-2020-coronavirus-council-tall-buildings-urban-habitat/ |url-status=live}}{{Cite web |last=MENAFN |title=Dubai's iconic skyline welcomes 12 new skyscrapers |url=https://menafn.com/1101455358/Dubais-iconic-skyline-welcomes-12-new-skyscrapers |access-date=January 19, 2021 |website=menafn.com |archive-date=January 28, 2021 |archive-url=https://web.archive.org/web/20210128131326/https://menafn.com/1101455358/Dubais-iconic-skyline-welcomes-12-new-skyscrapers |url-status=live}} finishes were still being applied through 2021, and an official completion had not been announced.{{cite web |last=Young |first=Michael |date=December 31, 2020 |title=Central Park Tower aka 217 West 57th Street Set for 2021 Completion in Midtown, Manhattan |url=https://newyorkyimby.com/2020/12/central-park-tower-aka-217-west-57th-street-set-for-2021-completion-in-midtown-manhattan.html |access-date=January 19, 2021 |website=New York YIMBY |archive-date=January 28, 2021 |archive-url=https://web.archive.org/web/20210128085523/https://newyorkyimby.com/2020/12/central-park-tower-aka-217-west-57th-street-set-for-2021-completion-in-midtown-manhattan.html |url-status=live}} In January 2021, the project received a $380 million mezzanine loan from Sail Harbor Capital and Baupost Group, with a 14 percent interest rate and maturity at the end of 2021.{{Cite web |date=January 25, 2021 |title=Gary Barnett Raises Central Park Tower Capital |url=https://therealdeal.com/2021/01/25/barnett-secures-380m-mezz-financing-for-central-park-tower/ |access-date=February 23, 2021 |website=The Real Deal New York |language=en-US |archive-date=February 25, 2021 |archive-url=https://web.archive.org/web/20210225185404/https://therealdeal.com/2021/01/25/barnett-secures-380m-mezz-financing-for-central-park-tower/ |url-status=live}}{{Cite web |date=January 26, 2021 |title=Developer Secures $380Mln Mezz Loan Against Manhattan Condo Project |url=https://crenews.com/2021/01/26/developer-secures-380mln-mezz-loan-against-manhattan-condo-project/ |access-date=September 7, 2021 |website=Commercial Real Estate Direct |language=en-US |archive-date=September 7, 2021 |archive-url=https://web.archive.org/web/20210907042121/https://crenews.com/2021/01/26/developer-secures-380mln-mezz-loan-against-manhattan-condo-project/ |url-status=live}} The first buyers finalized the purchases of their apartments in February 2021,{{Cite web |date=February 25, 2021 |title=Extell Development's Central Park Tower Closings Kick Off |first=Danielle |last=Balbi |url=https://therealdeal.com/2021/02/25/closings-kick-off-at-central-park-tower/ |access-date=May 25, 2022 |website=The Real Deal New York |language=en-US |archive-date=October 13, 2022 |archive-url=https://web.archive.org/web/20221013134524/https://therealdeal.com/2021/02/25/closings-kick-off-at-central-park-tower/ |url-status=live }} and the crown began lighting up at night that June. That August, the duplex on floors 127/128 was marketed for $150 million.{{Cite web |date=August 16, 2021 |title=Central Park Tower Duplex Hits Market at $150M |url=https://therealdeal.com/2021/08/16/central-park-tower-duplex-hits-market-at-150m/ |access-date=September 7, 2021 |website=The Real Deal New York |language=en-US |archive-date=September 7, 2021 |archive-url=https://web.archive.org/web/20210907044501/https://therealdeal.com/2021/08/16/central-park-tower-duplex-hits-market-at-150m/ |url-status=live}}{{cite web |title=Manhattan Billionaires' Row Duplex Gets a $150 Million Price Tag |work=Bloomberg |date=August 13, 2021 |url=https://www.bloomberg.com/news/articles/2021-08-13/manhattan-billionaires-row-duplex-gets-a-150-million-price-tag |access-date=September 7, 2021 |archive-date=September 7, 2021 |archive-url=https://web.archive.org/web/20210907042120/https://www.bloomberg.com/news/articles/2021-08-13/manhattan-billionaires-row-duplex-gets-a-150-million-price-tag |url-status=live}} Concurrent with the slowdown in the luxury residential market, several units at Central Park Tower sold well below their asking prices in late 2021.{{Cite news |last=Marino |first=Vivian |date=October 29, 2021 |title=At Central Park Tower, More Big Closings Are Recorded |language=en-US |work=The New York Times |url=https://www.nytimes.com/2021/10/29/realestate/top-nyc-real-estate-sales.html |access-date=December 12, 2021 |issn=0362-4331 |archive-date=November 29, 2021 |archive-url=https://web.archive.org/web/20211129041129/https://www.nytimes.com/2021/10/29/realestate/top-nyc-real-estate-sales.html |url-status=live}}{{Cite web |first=Cordilia |last=James |date=September 30, 2021 |title=Pricey Central Park Tower Condo Sells for Nearly 50% Off |url=https://therealdeal.com/2021/09/30/central-park-tower-condo-sells-for-half-its-asking-price/ |access-date=December 12, 2021 |website=The Real Deal New York |language=en-US |archive-date=December 12, 2021 |archive-url=https://web.archive.org/web/20211212055023/https://therealdeal.com/2021/09/30/central-park-tower-condo-sells-for-half-its-asking-price/ |url-status=live}} {{As of|October 2021}}, thirty-three units had been sold at an average discount rate of 25 percent.{{Cite web |first=Erin |last=Hudson |date=October 27, 2021 |title=Sales at Extell's Central Park Tower Condos Discounted 25% to Date |url=https://therealdeal.com/2021/10/27/why-gary-barnett-is-selling-central-park-tower-at-25-off/ |access-date=December 12, 2021 |website=The Real Deal New York |archive-date=December 12, 2021 |archive-url=https://web.archive.org/web/20211212055141/https://therealdeal.com/2021/10/27/why-gary-barnett-is-selling-central-park-tower-at-25-off/ |url-status=live}}{{cite web |last=Levitt |first=David M. |title=A Billionaires' Row Lawsuit Could Give Manhattan Condo Buyers Pause |website=Commercial Observer |date=November 30, 2021 |url=https://commercialobserver.com/2021/11/billionaires-row-lawsuit-developers/ |access-date=December 12, 2021 |archive-date=December 12, 2021 |archive-url=https://web.archive.org/web/20211212055014/https://commercialobserver.com/2021/11/billionaires-row-lawsuit-developers/ |url-status=live}} The building was finished by that December.{{Cite web |date=December 30, 2021 |title=Central Park Tower Finishes Construction as New York City's Tallest Residential Building in Midtown, Manhattan |url=https://newyorkyimby.com/2021/12/central-park-tower-finishes-construction-as-new-york-citys-tallest-residential-building-in-midtown-manhattan.html |access-date=January 13, 2022 |website=New York YIMBY |language=en-US |archive-date=January 13, 2022 |archive-url=https://web.archive.org/web/20220113053911/https://newyorkyimby.com/2021/12/central-park-tower-finishes-construction-as-new-york-citys-tallest-residential-building-in-midtown-manhattan.html |url-status=live}}
The France family were among the first people to buy condos at the building.{{cite web |last=Wall |first=Sheridan |date=July 10, 2023 |title=NASCAR Family Snags $17M Central Park Tower Unit |url=https://therealdeal.com/new-york/2023/07/10/nascar-family-snags-17m-central-park-tower-unit/ |access-date=November 13, 2023 |website=The Real Deal}} By mid-2022, Extell had sold more than $1 billion worth of units at Central Park Tower, but the company predicted that it would be unable to reach a $4 billion sellout because so many units were being sold at discounted prices.{{Cite news|last=Clarke|first=Katherine|date=August 4, 2022|title=Once Asking $63.75 Million, a Billionaires' Row Condo Sells for 30% Less|language=en-US|work=The Wall Street Journal|url=https://www.wsj.com/articles/once-asking-63-75-million-a-billionaires-row-condo-sells-for-30-less-11659645666|access-date=August 6, 2022|issn=0099-9660|archive-date=August 6, 2022|archive-url=https://web.archive.org/web/20220806162947/https://www.wsj.com/articles/once-asking-63-75-million-a-billionaires-row-condo-sells-for-30-less-11659645666|url-status=live}}{{Cite web|last=Rebong|first=Kevin|date=August 5, 2022|title=Central Park Tower Pad Sells For a 33% Off Original Ask|url=https://therealdeal.com/2022/08/05/barnett-central-park-tower-will-fall-short-of-4b-sellout/|access-date=August 6, 2022|website=The Real Deal New York|language=en-US|archive-date=October 13, 2022|archive-url=https://web.archive.org/web/20221013134525/https://therealdeal.com/2022/08/05/barnett-central-park-tower-will-fall-short-of-4b-sellout/|url-status=live}} The penthouse, originally listed at $250 million, was marketed for $195 million by mid-2023;{{cite web |last=Epstein |first=Jennifer |date=September 14, 2023 |title=NYC Billionaires' Row Penthouse Cuts Its $250 Million Price Tag |url=https://www.bloomberg.com/news/articles/2023-09-14/nyc-penthouse-once-listed-for-record-250-million-gets-22-price-cut |access-date=November 13, 2023 |website=Bloomberg.com}}{{cite web |date=September 14, 2023 |title=Billionaires Row penthouse once listed for record $250M gets price cut |url=https://www.crainsnewyork.com/real-estate/billionaires-row-central-park-tower-penthouse-gets-22-percent-price-cut |access-date=November 13, 2023 |website=Crain's New York Business}} the only other penthouse with an asking price of more than $100 million was the duplex on floors 107/108.{{cite web |last=Cohen |first=Michelle |date=March 10, 2023 |title=A Central Park Tower penthouse asks $175M to live in the world's tallest residential tower |url=https://www.6sqft.com/a-central-park-tower-penthouse-asks-175m-to-live-in-the-worlds-tallest-residential-tower/ |access-date=November 13, 2023 |website=6sqft}}{{cite web |last=McLaughlin |first=Katherine |date=March 13, 2023 |title=A Penthouse in the World's Tallest Residential Building Just Listed for $175 Million |url=https://www.architecturaldigest.com/story/central-park-tower-duplex-penthouse-175-million |access-date=November 13, 2023 |website=Architectural Digest}} Extell received a $500 million inventory loan from JPMorgan Chase in March 2023, which covered 87 unsold apartments,{{cite web |last=Jones |first=Orion |date=March 23, 2023 |title=Extell gets $500M loan at Central Park Tower |url=https://therealdeal.com/new-york/2023/03/23/extell-lands-500m-inventory-loan-at-central-park-tower/ |access-date=November 13, 2023 |website=The Real Deal}} and Extell refinanced the building that July with a $500 million loan from JPMorgan Chase and the Reuben brothers.{{cite web |last=Stupples |first=Benjamin |date=July 26, 2023 |title=Billionaire Brothers, JPMorgan Refinance NYC Luxury Condo Tower |url=https://www.bloomberg.com/news/articles/2023-07-26/billionaire-brothers-jpmorgan-refinance-nyc-luxury-condo-tower |access-date=November 13, 2023 |website=Bloomberg.com}}{{cite web |date=July 27, 2023 |title=Reuben Brothers In On Extell's $500M at Central Park Tower |url=https://therealdeal.com/new-york/2023/07/27/reuben-brothers-in-on-extells-500m-at-central-park-tower/ |access-date=November 13, 2023 |website=The Real Deal}} Apartment sales continued, including a penthouse that was sold for $115 million in 2024, which was New York City's fourth-most-expensive residence ever at the time.{{cite web | last=Hourie | first=Ilya | last2=Wall | first2=Sheridan | title=Central Park Tower Penthouse Closes For $115M | website=The Real Deal | date=2024-06-14 | url=https://therealdeal.com/new-york/2024/06/14/central-park-tower-penthouse-closes-for-115m/ | access-date=2024-06-18}}{{cite web | last=Gannon | first=Devin | title=Central Park Tower penthouse closes for $115M | website=6sqft | date=2024-06-17 | url=https://www.6sqft.com/central-park-tower-penthouse-closes-for-115m/ | access-date=2024-06-18}} Extell refinanced 18 of the unsold apartments in early 2025 with a $270 million loan.{{cite web | last=Jones | first=Sasha | title=Central Park Tower Refinanced With $270M From Israeli Bondholders | website=Bisnow | date=March 12, 2025 | url=https://www.bisnow.com/new-york/news/capital-markets/gary-barnett-raises-270m-for-central-park-tower-refi-on-israeli-stock-exchange-128449 | access-date=March 13, 2025}}{{cite web | title=Extell scores two massive debt deals for Manhattan trophy properties | website=The Real Deal | date=March 13, 2025 | url=https://therealdeal.com/new-york/2025/03/13/extell-scores-debt-deals-on-tel-aviv-stock-exchange/ | access-date=March 14, 2025}}
Reception
Central Park Tower received mixed reviews during its development. When the building topped out during 2019, Elizabeth Kim wrote for the Gothamist that Central Park Tower was "a mixed-use but indisputably high-end building" but that its height record was "almost a ho-hum occurrence in New York City".{{cite web |last=Kim |first=Elizabeth |date=September 16, 2019 |title=Central Park Tower About To Become The Tallest Residential Building In The World |url=http://gothamist.com/news/central-park-tower-about-become-tallest-residential-building-world |access-date=June 21, 2021 |website=Gothamist |archive-date=December 24, 2020 |archive-url=https://web.archive.org/web/20201224051302/https://gothamist.com/news/central-park-tower-about-become-tallest-residential-building-world |url-status=dead}} A writer for CNBC said at the time: "Central Park Tower is not just a new building—it's a statement." Architectural writer Carter Horsley described the curved facade of the base as "very alluring" and the cantilever as a "significant broadening for the bulk of the building's prodigious height". Upon the tower's completion, Architectural Digest wrote: "But for such a grandiose statement, the design team decided on a minimal aesthetic for the exterior—it's a kind of modern classic, inspired by luxury."
The construction of Central Park Tower also garnered some criticism. In 2015, when the tower was still in development, a neighborhood group protested the fact that the Nordstrom Tower and other Billionaires' Row towers would cast long shadows over Central Park.{{Cite web |date=November 11, 2015 |title=Shadows cast by super-tall towers in Manhattan spark a protest |url=https://www.dezeen.com/2015/11/11/supertall-skinny-skyscrapers-towers-manhattan-new-york-shop-architects-robert-stern-rafaely-vinoly-jean-nouvel-portzamparc-controversy-protest/ |access-date=May 30, 2021 |website=Dezeen |language=en |archive-date=June 2, 2021 |archive-url=https://web.archive.org/web/20210602221604/https://www.dezeen.com/2015/11/11/supertall-skinny-skyscrapers-towers-manhattan-new-york-shop-architects-robert-stern-rafaely-vinoly-jean-nouvel-portzamparc-controversy-protest/ |url-status=live}} Michael Kimmelman, in The New York Times, said that the cantilever over the Art Students League building was akin to "a giant with one foot raised, poised to squash a poodle".{{Cite news |last=Kimmelman |first=Michael |author-link=Michael Kimmelman |date=December 23, 2013 |title=Seeing a Need for Oversight of New York's Lordly Towers |language=en-US |work=The New York Times |url=https://www.nytimes.com/2013/12/23/arts/design/seeing-a-need-for-oversight-of-new-yorks-lordly-towers.html |access-date=June 21, 2021 |issn=0362-4331 |archive-date=November 12, 2020 |archive-url=https://web.archive.org/web/20201112002637/http://www.nytimes.com/2013/12/23/arts/design/seeing-a-need-for-oversight-of-new-yorks-lordly-towers.html |url-status=live}} Writers for The New York Times also said that Central Park Tower was a symbol of wealth inequality within New York City.
See also
References
= Notes =
{{Notelist}}
= Citations =
{{reflist}}
= Sources =
- {{cite web |url=http://s-media.nyc.gov/agencies/lpc/lp/2380.pdf |title=B. F. Goodrich Company Building |date=November 10, 2009 |publisher=New York City Landmarks Preservation Commission |ref={{harvid|Landmarks Preservation Commission|2009}}}}
- {{Cite web |last=Extell Marketing Group |date=May 15, 2017 |title=Condominium Offering Plan for Central Park Tower Condominium |url=https://therealdeal.com/new-research/wp-content/uploads/offering-plan/cd16-0240_217_west_57th_street_condominium_the_offering_plan_final_screened.pdf |website=The Real Deal}}
External links
{{Commons category|Central Park Tower}}
- {{Official website|https://centralparktower.com/}}
- {{CTBUH|14269}}
- {{SkyscraperPage|95079}}
{{Midtown North, Manhattan}}
{{Broadway (Manhattan)}}
{{Supertall skyscrapers | under-construction}}
{{portal bar|Architecture|New York City}}
Category:2021 establishments in New York City
Category:2020s architecture in the United States
Category:Condominiums and housing cooperatives in Manhattan
Category:Pencil towers in New York City
Category:Residential buildings completed in 2021
Category:Residential condominiums in New York City